Treasury makes shocking decision to exclude disabled Americans from CDFI program
It is time to take action
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It is time to take action
A community development financial institution (CDFI) is a private-sector company that seeks to provide economic assistance to underserved communities by offering financial services, loans, and investment funds.
Americans are currently seeing a period of potentially significant change as financial technology (FinTech) companies seek to harness advances in communications, data processing, and cryptography to compete with traditional providers across a host of services. FinTech is changing how financial services are provided in a host of ways that make it possible for new competitors to compete with incumbents.1 Some of the most powerful are removing geographic limitations on where a company can offer its services, and lowering barriers to entry.
A return of the Supervision Appeals Review Committee is a step backward for banks looking for an unbiased venue to challenge adverse regulatory rulings.
How are some borrowers getting approved with just the first page of their bank statement? Read on to learn more.