Special Report on
Consumer Lending Regulation
Consumer Lending Regulation - Trends
Latest Trending Story:
In no other context in recent memory do we encounter a product market characterized by falling prices and expanded opportunity for entry by first-time consumers, and yet label such market a "crisis." The distinction is that in subprime, we are not dealing with just any other product. At issue is the bedrock of the American dream--home ownership. The reality of the subprime environment is that over the next several years, as adjustable or "teaser" rates reset, many subprime borrowers will be at substantial risk of default. Such mass foreclosures, in addition to the ...
which deals with the question of the propriety of the preemption by the Office of the Comptroller of the Currency of so-called "anti-predatory lending laws" enacted in various states, and in this situation, Michigan. I was pleased to be invited to join with several distinguished economists and law professors in an amicus brief filed last week endorsing the policy benefits of the dual banking system and the robust competition it brings about for the benefit of consumers. For those who are interested, the press release describing the argument of the brief is available here and the ... Read More
SURVEY RESULTS FOR
CONSUMER LENDING REGULATION
Moore Amdt. to CFPA Act Helps Preserve Legislation's True Intent: Credit, Lending ...
Road To Ruin: Online Lenders Fight Regulation