Law and regulation

‘Immigration has become a political football’: Border bankers

12/10/19

Dennis Nixon and Gerry Schwebel at International Bancshares share their views on the U.S.-Mexico-Canada trade deal, immigration policy, and a border wall.

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Libra: The opening act of a modern regulatory drama

12/09/19

Facebook’s stablecoin initiative has inspired countless ideas about how to put fintech under the control of federal regulators. Here are the most critical questions.

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Stern warning to lenders mulling end run around California rate caps

12/06/19

Federal and state policymakers wagged their fingers this week at high-cost lenders that might be looking to team with banks to evade a 36% ceiling on interest rates.

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Regulators ease hemp banking rules; alternative credit checks get the nod

12/04/19

Banks will not have to file reports on customers just because they're in the hemp business; making it easier for people with no credit history to get loans.

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Regulators give wary nod to use of alternative data in underwriting

12/03/19

Alternative data "may improve the speed and accuracy of credit decisions and may help firms evaluate the creditworthiness of consumers," the agencies said.

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Let’s rethink how CDFIs are examined

12/03/19

These community development-focused banks need tailored regulations to expand their purpose in helping underserved areas.

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SBA pursues legislative fix to revive its Express program

11/27/19

The Small Business Administration has told lawmakers it can reinvigorate its streamlined guarantee program by nearly tripling the maximum loan size. So far, Congress has been mum on the idea.

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HUD asks for input on policies that may limit affordable housing

11/26/19

The Department of Housing and Urban Development is seeking public feedback on federal, state and local laws and regulations that may inhibit affordable housing or constrain the supply of housing.

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Why small businesses need regulators' proposed 'Madden' fix

11/26/19

Bank regulators are considering a bypass to the 2015 court ruling governing loan sales that would ultimately offer more credit options to entrepreneurs.

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Lawmaker presses Wells Fargo on checking account refunds

11/22/19

Rep. Katie Porter, D-Calif., wants details about refunding "hundreds of millions of dollars" in fees improperly charged on checking accounts. Wells has acknowledged the potential problem but hasn't estimated how much it owes.

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