Top lawmakers are clashing over whether overregulation is overhyped – and things are getting nasty
Sales exceeded year-ago figures, but were still the second lowest of 2017
Possible fraudulent lending activity increased last year just as the Consumer Financial Protection Bureau prepared to issue new regulations requiring lenders to verify borrowers’ financial records and ability to repay mortgages.
What is Basel III and how will it affect U.S. bank lending in coming years? Named after its meeting place in Basel, Switzerland, the Basel Committee on Banking Supervision, is the International oversight body for bank regulations.