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US Government Policy On SMB Lending In Flux

PYMNTS

Carranza has a history at the SBA, serving as its deputy administrator between 2006 and 2009. At the time, the legislation garnered support from the American Bankers Association and the National Association of Federally-Insured Credit Unions. ” said Trump in a tweet announcing the nomination, according to Reuters.

Lending 128
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Guest Post: FInancial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

After easing and keeping rates low for three years, the Fed began tightening from June, 2004 to June, 2006. This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. In 2Q18, Bucks County median prices rose year-over-year by 3.9%, compared to the national Case Shiller index at over 6.0%.

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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. Construction concentration criteria : Loans for construction, land, and land development (CLD) represent 100% or more of a banking institution's total risk-based capital.

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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Housing markets have begun to improve with the national indices showing year-over-year growth of 3% to 4% recently. We have a long way to go before recapturing the home price highs of 2006 and 2007, but it is a start. The tax bracket changes become permanent and that will allow planning to resume. Oh, wait, our Congress!

Taxes 70
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Guest Post: First Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

It has been nine years since the Fed last tightened policy in June, 2006; maybe they are getting anxious. Falling oil prices, and falling gasoline prices, are like a welcome tax cut for consumers who are saddled with low wage growth and lack of good jobs. and should be returned to “normal.” So will the Fed raise rates in 2015?