These individuals all expressed concern that as currently written, the QM rule will cause harm to the housing market and make it much more difficult for working families in western Pennsylvania and around the Nation to buy homes.
Rothfus discusses concerns about the QM rule's impact on housing affordability.
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More from KEITH J. ROTHFUS
Our financial sector has undergone significant changes in the past few years. We have witnessed a distressing trend of consolidation and closures, driven, in part, by overregulation.
But some of the data has really come in, and according to the Bureau of Labor Statistics, wages for most workers, by 80 percent, are actually down since the tax cut passed.
Given this distinction, how will the Fed be tailoring regulations for banks above the $250 billion threshold?
Regulatory reform and technological advances can help the financial sector regain its vibrancy.
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