PayThink

We should think twice before cutting off access to alternative lenders that serve as a last resort for millions of low-income Americans. We should also encourage banks to remove the barriers for these customers when they want to open a savings account.

Recent Fed chairman have embroiled themselves far too deeply into White House and congressional politics.

The House passed the Swaps Regulatory Improvement Act that would reduce restrictions under section 716 of the 2010 Dodd-Frank Act.

In a bipartisan letter to the Consumer Financial Protection Bureau, senators asked the agency to provide data used as basis for warning auto lenders they could be committing fair-lending violations.

When sophisticated, global institutions leave a country or line of business, they create a vacuum likely to be filled by outfits less sensitive to, or capable of managing, the risks involved.

The Capital Asset Pricing Model’s value is debatable in normal times. If misapplied in today’s ultralow interest rate environment, it can severely overvalue banks and excuse poor operating performance.

Another big law like Dodd-Frank could be harmful to the mortgage market, but an incremental approach to housing finance reform might be the perfect solution.

Allowing a further transition period of nine to 12 months would better ensure complete compliance with all the requirements. Meanwhile, community banks will be able to continue providing the safe and solid mortgage loans they are known for.

Since building loyal customers requires making changes across all areas of the organization, 'loyalty' or customer experience management programs should be geared towards change management, not market research.

Community banks have a proportionate disadvantage to taxpayer-subsidized megabanks as the crushing burden of regulation meant to stop the abuses of Wall Street rain down excessively on Main Street.