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Home » Store » Taxable » Regulators Reverse Stance on Collection of Subprime Data

Regulators Reverse Stance on Collection of Subprime Data

$50.00
Taxable

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Federal bank and thrift regulators have decided not to go forward with a plan to collect information on subprime lending from insured depository institutions. The regulatory plan was announced last July, when the Federal Financial Institution Examination Council, citing safety and soundness concerns, issued a proposed rule that would add information on loans generated through “subprime programs” to bank and thrift quarterly reports.
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