Harold Pettigrew, president and CEO of Opportunity Finance Network, told Inside Nonconforming Markets that changes to the application process will help ensure CDFIs continue to stay mission driven as more entities begin applying for certification.
Fannie Mae, JPMorgan Chase and PennyMac are among the financial institutions that use AWS to perform tasks within a digital cloud computing environment.
Jonathan McKernan, a director at the FDIC, suggested slowing implementation of controversial provisions in a proposal on capital requirements for large banks.