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Texas Banker Pushes Congress on Small Business Lending

American Banker  |  Saturday, June 6, 2009

Cynthia L. Blankenship of the Independent Community Bankers of America urged Congress in early June to support the community banking sector's role in supplying credit to small businesses by promoting policy recommendations to foster more community bank lending...

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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover
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