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Gene Kotulskiy

US Risk-Retention Rule Exempt Loans With Strict Underwriting - 0 views

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    The new risk-retention proposal may exempt the loans with strict underwriting. Lenders can get a package of options after the rule approval.
Gene Kotulskiy

Payday Lenders Look For Partnership On The Land Of Indian Tribes - 0 views

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    Payday lenders are trying to stay in business and overreaching state regulations by means of turning to Indian tribes as they are legally protected by a particular doctrine called sovereign immunity that actually exempts the tribes from some federal and state laws.
Gene Kotulskiy

Lawmakers Accuse Regulators Of Overstepping Authority - 0 views

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    US regulators were accused by the lawmakers who went too far on lending rule. They overstepped their authority and ignored the intents of the Congress.
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