Federal regulators have begun a campaign to increase regulation of non-banks claiming that they control “half the assets of the entire world financial system”. The aforementioned claims are supported by lengthy studies deserving of considerable attention.
CRE has been remiss in not addressing this issue and requests that our readers provide us with detailed analyses of non-bank events detrimental to the US banking system.
Of particular interest is the level of service accorded to veterans by non-banks.
We appreciate your timely responses. Yes we will forward the posts on this website to the OCC and the ABA.