I continue to hear concerns that the Qualified Mortgage rule discriminates against small lenders, minimizes consumer choice in lending, restricts access to credit, and makes providing credit much more costly.
Fitzpatrick highlights issues small lenders face due to the Qualified Mortgage rule.
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This rulemaking from the Department of Labor makes their inexperience in this area crystal clear.
We can no longer ignore this obvious hole in our anti-terror measures. This Congress must act now to address the shortcoming.
Any global strategy against terror groups worldwide must attack at their funding source.
Criminal enterprises have relied on this method of illicit financing for years. However, many believe that this is an emerging technique now being used by terrorist groups to finance their violent and oppressive operations.
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