TITLE

Banding together

AUTHOR(S)
Doffing, Matt
PUB. DATE
February 2014
SOURCE
North Western Financial Review;2/1/2014, Vol. 199 Issue 2, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the collaboration of Midwest banks in the U.S. to remain viable under the new mortgage regulations of the U.S. Consumer Financial Protection Bureau. The need for bankers to decide if their banks make enough mortgage loans to justify the cost of complying with the new rules is mentioned. According to legal counsel Bob Hartwig, banks want to offer mortgage products to their communities to justify the cost of the expertise needed to make sure that banks has new disclosures.
ACCESSION #
94230733

 

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