nonbanks's examples

  • Mortgage Broker, Home Loans, Commercial and Residential Home Loans, Caveat Loans, Bridging Finance, Low Doc and No Doc Home Loan finance directory Melbourne. — “Non Bank Bad Credit Loans, Low Doc Home Loans, Investment”, .au
  • Dallas Business News- Dallas Fort Worth business news from The Dallas Morning News. Eddie Bernice Johnson wants Community Reinvestment Act expanded to nonbanks. — “Eddie Bernice Johnson wants Community Reinvestment Act”,
  • Official trade credits, nonbanks, all maturities. SDR allocation IMF. b. Debt securities Official trade credits, nonbanks, short term. e. Debt securities (debt due within a year). — “World Bank Group - Data and Statistics”,
  • Over the years, the Board of Governors of the Federal Reserve System has established margin regulations to limit purpose loans by banks and nonbanks to broker-dealers or other borrowers. In this study, the author reviews those regulations affecting security lending by banks and nonbanks. — “New England Economic Review: Security Loans at Banks and”,
  • Notably, both FBOs and nonbanks increased their dollar holdings of nonbanks continue to be active participants in the sub-investment grade portion of the syndicated loan market. — “Bank Regulators Data Show Stabilization in Credit Quality”,
  • An excellent overview (by Terri Bradford, Matt Davies, and Stuart E. Weiner of the Federal Reserve Bank of Kansas City) of the US payment system and the many roles that nonbanks play in the system. PDF format. Nonbanks have always been a key. — “Kansas City Federal Reserve Bank: Nonbanks in the payment system”,
  • Downloadable! No abstract is available for this item. Nonbanks in the payments system: vertical integration issues," Proceedings – Payments System Research Conferences, Federal Reserve Bank of Kansas. — “Nonbanks in the Payments System: Vertical Integration Issues”,
  • Many bank holding companies are building a diverse structure by expanding into specialized aspects of financial services. In addition, the Community Reinvestment Act, which does not apply to nonbanks, should be a primary concern. — “Shock sets in when nonbank affiliates get examined. | Banking”,
  • In recent years, nonbanks have become increasingly prominent in payments systems around the world, this time, nonbanks appear most prominent in the United States, but they are prominent in many European. — “Nonbanks in the Payments System:”,
  • While nonbanks expand the functionality of their ATMs, traditional banks move more cautiously. But, while nonbanks push the ATM-functionality envelope, banks haven't done much in the way of advanced kiosks. — “All-Transaction Machines? by Bank Systems & Technology”,
  • The danger is as you make things work that you pile on banks, and the nonbanks can engage in abusive practices. In increasing oversight of nonbanks, the CFPB should also build on state registration and licensing efforts, which have been especially effective for mortgages," Neiman said. — “CFPB Faces Obstacles in Targeting of Nonbanks | KwikLoan”, kwik-
  • Free Closing the Phishing Hole - Fraud, Risk and Nonbanks Downloads. — “Closing the Phishing Hole - Fraud, Risk and Nonbanks Download”, hacker-
  • Nonbanks are increasingly important in the U.S. payments system. Identify the role of nonbanks in payments and the implications for managing associated risk. — “A Corporate Perspective on Nonbanks and Risk in Payments”,
  • nonbanks more closely can be got by greater transparency about counterparty risks. This would make nonbanks less attractive as. vehicles for financial flight; if eGold. — “Closing the Phishing Hole – Fraud, Risk and Nonbanks”,
  • This paper documents the importance of nonbanks in retail payments in the United States and in 15 It shows that nonbanks play multiple roles along the whole payment. — “Nonbanks and Risk in Retail Payments”, weis2008
  • WASHINGTON (Reuters) - Key U.S. lawmakers clashed on Tuesday over a proposal by the Obama administration to assume powers to unwind distressed non-bank financial institutions that risk damaging the economy, U.S. Congress mixed on plan to unwind risky nonbanks. — “U.S. Congress mixed on plan to unwind risky nonbanks | Reuters”,
  • Bank and Nonbanks: The Horse Race Continues. Christine Pavel, Harvey Rosenblum. Financial services have been provided by individuals and commercial enterprises at least since Biblical times. During the last few centuries, some business firms. — “Bank and Nonbanks: The Horse Race Continues - Federal Reserve”,
  • Nonbanks definition, an institution that is not a bank but engages in certain banking practices, as lending money or holding deposits. See more. — “Nonbanks | Define Nonbanks at ”,
  • nonbanks. Definition from Wiktionary, the free dictionary. Jump to: navigation, search This page was last modified on 6 September 2010, at 19:57. Text is available under the Creative Commons Attribution/Share-Alike. — “nonbanks - Wiktionary”,

related videos for nonbanks

  • Comparing Bank Rates are NOT Comparing Apples to Apples Hi, everyone. How are you? It's Leah Coss with the Mortgage Center. I wanted to just quickly give you some tips on how you can compare apples to apples when you're trying to find the best rate for you. Now it's important to note that just because a bank has a good rate, it doesn't mean that they're going to give that rate to you. Each bank, as I try to really pound into you guys, is actually a product, and each product comes with a box. You must fit your application in that box in order to qualify for that mortgage. So for example, if your credit history isn't two years long, you can't fit into the box of many lenders out there. If you're self employed and need to do stated income, you don't fit into that box for many lenders as well, because they don't offer that product. So it's important to note that with rates, you can't really compare as apples to apples because you don't fully understand the pre payment options. You don't fully understand the penalties of getting out, and you don't understand whether you'll even qualify for those rates in the first place to go with that lender. So obviously, the best bit of advice that I can give you to comparing apples to apples and oranges to oranges is using a mortgage broker. We can look at all of them and tell you who you will qualify with and who you won't. And then from there we can choose the right product with the right pre payment options that you want, open, closed, fixed, variable and then we can help you to ...
  • No Chexsystems Bank Account Guaranteed Approval
  • Westpac profit up hhtp:// Westpac 1st half profit up 12% Bad debt charges up 45% to NZ$61 mln But this out of 46.3 billion Lending growth strong Consumer lending up 12%, but mortgages slowing in late 2007 Business lending up 14%, Agriculture, Corporate lending Deposit volumes up 15% to NZ$26.5 bln Banks doing well at expense of non-banks Margins tight, Non interest income flat Costs tight, big improvement in cost to income ratio.
  • Who is A Private Lender & Will They Fund My Mortgage? Hi everyone. How are you? It's Leah Coss with The Mortgage Centre and I wanted to talk to you about private lending to let you know who these private people are that are offering you money, whether you need them or whether you should perhaps look somewhere else. So first of all who the heck are these people that are private lenders? Well, they're actually just people. Whether it be one guy who's got a lot of money and every year he goes "I could buy a sports car or I could invest it into something." If he decides to invest he may look at his options and say "Look, if I invest into mortgages I've got pretty heavy duty collateral so it's pretty rare that I'm going to actually lose any money on the transaction. As well, I'm making really good interest. I'm making more than I would putting it in my savings account. More than I would in an RSP or a mutual fund of some sort. And it's less risky than putting it on the stock market." So they, very commonly, will just put it into mortgages. And literally if I need a private lender I'll be calling him on his cell phone going "Hey, do you want to lend money to this person?" That's what a private lender is. Now there's also something else called MICs. And what these are is where just regular people like you and I are looking at our smaller amounts of savings, but going "where do I want to put them?" And again, because a mortgage is a great investment they're actually going to pool the funds into a MIC. Once it builds up ...
  • Ask M - Michael Barr responds to financial regulations questions University of Michigan law professor Michael Barr replies to questions about financial regulations and Chris-Dodd reform that was passed a year ago.
  • What is a Non Bank Mortgage Lender - Compare to a Big Bank Mortgage Lender I want to talk to you about banks and non banks and what the difference is, why I might put you at one as opposed to the other. Well, banks is really simple to explain because you see them every day. You probably bank with them every single week. They're the royal banks, the TDs, the Scotias, the HSBCs of the world. They're the places that you see the advertisements on TV for. You see them on every street corner, and you've grown to love and trust them. They offer you RSPs, insurance, checkings, savings, as well as mortgages. So mortgages is not their sole business. How that compares to a non bank is simply that non banks are not banks. You can't get a checking account. You can't get a savings account. You can't buy insurance. You can't buy RSPs or anything of that nature. Now why is that a benefit? Well, because it's obviously saving them costs. They don't have to pay for leases. They don't have to pay for employees. They don't have to pay for advertising because in actual fact, they're not trying to get your business. They're trying to get my business as a broker. When it comes to non banks, you cannot call them up and try to get a mortgage. They will actually refer you to a broker who will then talk to us. Why do they do that? Is it because they're being dicks? No, they're not. Why they're doing that is because it's, again, saving them time. It will cost a lot more money for them to deal with everyone in the general public than it is to just deal with ...
  • Obama's Pitch For More Power--Wants Broad Authority For Non-Banks 1 of 2 Bernard Whitman, democratic strategist and former pollster for Bill Clinton, joins former Bush White House press secretary Dana Perino in conversation on President Obama's Tueday night press conference during which he talked about his administration's progress to date towards solving our country's economic woes.
  • TYT Hour - May 24th, 2010 Special Promotion: New TYT Facebook Page(!): Follow us on Twitter: TYT Network (new WTF?! channel): Check Out TYT Interviews Watch more at
  • END FED: European Banks Borrowing From The Federal Reserve End the federal reserve! Biggest Borrowers Of Federal Reserve 1. Barclays Bank: $232B (UK) 2. Bank Of America: $212B (US) 3. Royal Bank Of Scotland: $181B (UK) 4. Societe Generale: $124B (FR) 5. Dresdner Bank: $123B (DE) Commercial Dept Sellers To Commercial Paper Funding Facility 6 of top 11 of sellers were European banks. Sold combined $274.1 billion. UBS sold $74.5--the most. Fed Names Recipients of $3.3 Trillion in Crisis Aid December 01, 2010, 1:58 PM EST By Craig Torres and Scott Lanman Support Companies The data detail the breadth of central bank support that reached beyond banks to companies such as General Electric Co., which accessed a Fed program 12 times for a total of $16 billion in commercial paper. Lawmakers demanded disclosure, over the Fed's initial objections, as US central bankers pushed beyond their traditional role of backstopping banks. The Fed bought short-term IOUs from corporations, risky assets from Bear Stearns and more than $1 trillion in US housing debt. UBS, Fed Powers Other UBS, Switzerland's largest bank, was the biggest borrower from the Commercial Paper Funding Facility, tapping the program 11 times for $74.5 billion. The emergency programs included the Term Asset-Backed Securities Loan Facility, which has supported billions of dollars in credit to small businesses, credit card borrowers, and students, and the Term Auction Facility, which helped banks get cheaper funding. Bernanke pushed the boundaries of the Fed's ...
  • nonbanks - Black Ops Game Clip Game Clip
  • Who trusts the trustees? Panel 1 The RBNZ will in new regime For regulating finance companies Legislation passed this week RBNZ to regulate non-banks Panel 2 Credit ratings from 2010 Minimum capital rules Maximum related party rules Fit and proper directors 2 independent directors Independent chairman Panel 3 Trustees frontline supervisors Not much debate on this Criticism of trustees Not aggressive enough? But they have beefier powers Panel 4 Can appoint independent auditors Independent advisors 6 monthly audits Independent though? Could RBNZ dig deeper anyway? Probably not Regulation no silver bullet Vigilance and research required
  • Barney Frank on Housing and Regulation 21 July 2011 CNBC Barney Frank on the need to continue with his bill on financial reform that includes restrictions to extend regulation for non-banks. The Dodd-Frank bill is the most intrusive form of regulation seen since the 1930s. It has been one year since the legislation was passed. He argues that Republicans may let the financial industry off the hook if we are not careful. He says he played a major part in restricting Fannie Mae and Freddie Mac and pushing them into conservatorship. He gets defensive when told that both the Clinton and Bush administrations had encouraged the explosion of low-income home ownership and sub-prime lending. Barney Frank agrees with Fed Chairman Ben Bernanke in that excessive tightening has been a problem. Hundreds of thousands of jobs are lost. The problem he says is cutting the deficit too soon and too fast. On entitlement cuts he argues that different sections of society may have different needs (78 year old women versus the generation who grew up on iPods).
  • Bank & Mortgage Broker Said "No". Now What? - Declined Mortgage Applications Hi, everyone. How are you? It's Leah Coss with The Mortgage Center, and I want to ask a question, and it's question that I'm sure if you're watching this and this is a question you have, you're probably hitting a fairly stressful time in your life. And that question is, "My bank and my broker both said no. What do I do now? How do I own a home?" Well, it's not the end of the world, I will tell you that. But there are options for you. They just might not be options that you like. But at the end of the day, if it's an option that will get you approved and will get you into a home so that you can start building your credit history back up, so that you can start paying towards a mortgage as opposed to renting, then this might be an option that you want to look at. So, if your bank has said no and your broker has said no, the first thing that I'll do is I'll look at your file, and there are times where I've got access to lenders and relationships with lenders that will allow me to get a deal that otherwise wouldn't get closed with another broker that I, perhaps, could. So that's obviously going to be the first avenue, because that will be the least expensive for you. It will still be free, just like everything else, but it's going to give you the better interest rate. So that's my first thing that I'll do, look at my 40 plus lenders. Then from there I'm going to go to my private lenders. Private lending is kind of... they do the deals that nobody else ...
  • Mortgage Broker Adelaide, Assured Home Loans, Best Home loan Join Gary from Assured Home Loans in the boxing ring with 35 bank and non-bank lenders battling it out for Australia's best home loan. Assured Home Loans offers a different way to look at mortgages.
  • Davos Annual Meeting 2010 - Rethinking Systemic Financial Risk 27.01.2010 In 2009, the G20 tasked the Financial Stability Board (FSB) and the Basel Committee on Banking Supervision to develop "macro-prudential tools" to combat systemic risk. What structural deficiencies still persist in the regulation of systemic financial risk and how will they be addressed in 2010? Jaime Caruana, General Manager, Bank for International Settlements (BIS), Basel Ibrahim S. Dabdoub, Group Chief Executive Officer, National Bank of Kuwait, Kuwait; Global Agenda Council on Global Investment Flows Robert E. Diamond Jr, President, Barclays, United Kingdom Stefan Lippe, Chief Executive Officer, Swiss Re, Switzerland Jonathan M. Nelson, Chief Executive Officer, Providence Equity Partners, USA Guillermo Ortiz, Professor, ITAM (Instituto Tecnologico Autonomo de Mexico), Mexico Moderated by Suzanne Nora Johnson, Chair, Global Agenda Council on Systemic Financial Risk; Global Agenda Council on Systemic Financial Risk
  • Financial Reform Bill is a Joke -- Economic Collapse Coming Sign petition here: RSVP for the protest here: Read Cenk's Blog on why Goldman should give the money back: Special Promotion: New TYT Facebook Page(!): Follow us on Twitter: TYT Network (new WTF?! channel): Check Out TYT Interviews Watch more at
  • Market Focus: Federal Govt. boosts RMBS Making headlines today, APM chief economist Andrew Wilson expects to investor activity rise, the federal government injects $20 billion into RMBS and the MFFA slam the exit fee ban
  • Banking On Non-Banks - Bloomberg While bank stocks surge, there is another group of financial shares that also rebound and these are the non-bank financial companies. (Taking Stock)
  • Who is My Mortgage Underwriter? Hi, everyone. How are you? It's Leah Coss with The Mortgage Center, and I wanted to go over the interesting question of, "Who the heck is this underwriter, and why is my future in their hands?" Well, the underwriter, plainly and simply, is basically the people on the forefront for the lenders that we, as brokers, send your deals to. So these are the people that we need to be real nice to, because they're the ones who essentially say "yay" or "nay" on your file. It may sound weird to you that it is actually a human decision and not some sort of computer algorithm that decides your fate, but it is. It's all human. So, what happens as brokers is that we talk to you, we do all the actual major footwork of getting your information, getting your paperwork, figuring out who you are, and then we figure out which lender you're best with, because not all lenders are made alike. You can read more about the types of lenders like banks and non banks and private lenders through my other blog, so be sure just to subscribe. But basically we're going to figure out are you self employed, are you a new immigrant, what is your situation, and who should we be placing you with. From there, we're going to find that group of lenders, choose the lenders with the best rates, and then we're going to start submitting deals to them. Now, when we do that, we're submitting it to the underwriter, and from there they're going to read over your file. We're going to bantering back ...
  • Time To Refinance Your Variable Rate This video looks at where variable rate mortgages were for the past 2 years, where they are now, and if you should refinance to get today's lower rates. Hey, everybody. It's Rowan Smith with the Mortgage Centre. What I want to talk to you about today is getting out of your existing variable rate that you may have got at a higher rate than is available today, getting into today's lower rates. Let's look at what happened. Back in 2008, with the fall of Lehman Brothers and a lot of the money in the capital markets seized up on us for a while there, our variable rate mortgages went from prime minus 0.9, or prime minus 90, to prime plus two percent in some cases. Now a lot of advocates, not myself, were still selling variable rate mortgages, claiming that variable was always better than fixed. At that particular point in time, it was unclear how long those premiums on top of prime rate were going to remain. But many people still took their variable rate mortgages, hoping to save money in the long haul, because that's what they've been traditionally coached to do by either their financial planner or the media or what have you. But times have changed since back in 2008, and fast forward to today, what you're seeing is back to prime minus 0.75 or prime minus 0.8. Not quite the full prime minus 0.9 that was available before, although it's probably on the horizon. Now if you're in one of those mortgage rates at prime plus, or maybe even if it's just prime minus a quarter, that's a ...
  • Obama is Letting the Banks Off the Hook Watch more at Follow us on Twitter. http Check Out TYT Interviews
  • Paulson Changes The Rules Paulson pisses away more US taxpayer money, still won't tell us who got what and now he wants to change the rules. This dude makes *** up as he goes. Paulson went so far as to say the Treasury and Federal Reserve may set up a new program to provide funding to consumer finance companies. Now the Treasury Secretary says he doesn't want to buy troubled mortgage assets. So it's now time for a strategy change. "Although the financial system has stabilized, both banks and non-banks may well need more capital given their troubled asset holdings, projections for continued high rates of foreclosures and stagnant US and world economic conditions," Paulson said.
  • Market Focus: St George looks to boost third party volumes Making headlines today, speaking to The Adviser St George's ceo Rob Chapman said the lender will now look to boost its loan book and market share despite the bank actively pulling back from the mortgage market 12 months ago.
  • Geithner & Bernanke want more power Panel 1 Replace US dollar Reserve Currency Says Chinese official Unlikely, but concerning March 25 Panel 2 Geithner & Bernanke Want wider powers Seize non-banks AIG debacle rolls on March 25 Panel 3 UK inflation up But BoE printing Air NZ strike New ANZ jobs March 25
  • Geithner Answers Questions on His Financial Plan Treasury Secretary Timothy Geithner, speaking at CFR, pledges a new plan to regulate systemic risks to the financial system, including enhanced oversight of "non-banks." In this video, moderator Robert Altman questions Geithner on aspects of his plan.
  • Vivek Nayak Banks and Non Banks
  • President Obama Announces Financial Regulation Reform As the culmination of a months-long process in which the President consulted with the most expert and experienced regulators, leaders in Congress, and his entire economic team, he announces his vision for desperately needed financial regulatory reform. A major brick in the new foundation for Americas economy. June 17, 2009. (Public Domain)
  • House Session 2011-07-21 (16:12:53-17:14:42) Consideration of HR 1315--Consumer Financial Protection Safety and Soundness Improvement Act of 2011 (Subject to a Rule). Begin consideration of HR 2551--Legislative Branch Appropriations Act, 2012 (Subject to a Rule).
  • Non-Banks & Banks Explained State Custodians Mortgage Company presents this short video tutorial to help explain how Bank and Non-Bank Lending works. If you're shopping for a home loan this will give you peace of mind that you're in good hands with Non-Bank Lenders, like State Custodians. Learn more about the Australian Government's support of the Non-Bank Sector and the role of ASIC in regulating the industry. watch our full series of continuing video tutorials to help you make the right decision for your next home loan. Brought to you by State Custodians Mortgage Company .au for more details.
  • Penalties on Mortgages and now Non-Banks can Help This video looks at the difference between broker-only non-banks and the big banks in terms of how they apply penalties. Verdict? Non Banks Win Transcript of Video Blog: Hi, everybody. It's Rowan Smith with the Mortgage Centre. I want to talk today about interest rate differential penalties...
  • 5/6/10: White House Press Briefing White House Press Briefings are conducted most weekdays from the James S. Brady Press Briefing Room in the West Wing.
  • Market Focus Federal Budget a 'big disappointment' Making headlines today, housing industry pundits have described the federal budget as a big disappointment. Starr Partners' CEO Douglas Driscoll has said housing affordability may worsen unless greater emphasis is placed on the nation's property market.
  • Simpson Thacher's Meyerson on blind pools Bond Street Holdings LLC's acquisition of Premier American Bank NA signals the Federal Deposit Insurance Corp. may be getting more comfortable with the idea of non-banks buying failed financial institutions. Bond Street is a so-called blind pool, a fund raised by groups of investors and led by former bankers. According to Simpson Thacher & Bartlett LLP's Lee Meyerson, its Premier American acquisition paves the way for similar deals. - Suzanne Stevens
  • Market Focus: Commercial market offers benefits to broker business Making headlines today, Sintex's general manager Cathy Dimarchos has advised brokers to take a look at the commercial market for greater business opportunities, however Ms Dimarchos warns brokers to keep it simple. In addition, Mortgage Choice may soon move into mortgage management space, depending on the success of bluegum.
  • Barney Frank On Banks Barney Frank at the Town Meeting for constituents at Scituate MA on Feb 19, 2009. In this clip he explains the role of banks and non-banks in the development of the current financial crisis. He also describes his role and the role played by Republicans. Finally, he provides a brief glimpse into the future.
  • Home mortgage lending falls to record low Barack Obama has rejected requests by GM and Chrysler for more bailout money and told them to come back with new plans within 2 months or go bankrupt. GM's CEO was told to resign by Obama. GM owns Holden here. It's likely the Australian government would intervene to ensure Holden doesn't collapse.Don't buy a Chrysler or a Holden any time soon. The FTSE 100 fell 2% on fears about a GM bankruptcy. 2. Bank and non-bank home mortgage lending grew NZ$293 million in the month of February to NZ$162.379 billion, meaning the growth rate from the same month a year ago fell to a record low (since the series began in 1999) of 3.4%, RBNZ stats show. The fresh mortgage lending in February was roughly a fifth of that lent in February in each of the last 5 years. The growth in February from January was also significantly lower than that seen in the last five years. Growth in February 2004 was NZ$1.106 billion, while it was NZ$1.245 billion in February 2005, NZ$845 million in February 2006, NZ$1.480 billion in February 2007 and NZ$1.241 billion in February 2008. Some real estate market observers had pointed to a sharp rise in housing approvals in February and March and an apparent rebound in sales volumes as a sign lower interest rates were firing up bank lending again. Apparently not. 3. Banks and non-banks grew lending to farmers by NZ$161 million in February to NZ$44.069 billion, meaning growth from the same month a year ago was a stonking 22.3%, figures from RBNZ show. Farm lending ...
  • A Warning About Mortgage Renewal & Refinancing Hi, everyone. How are you? It's Leah Coss with The Mortgage Centre, and I wanted to talk about renewal and refinancing. You may not know this, but when it comes to, actually, renewal or refinancing, pardon me for the language, but you're going to get screwed, really, 100 percent of the time on whatever rate you're offered by the current lender that you're getting your mortgage from. It is absolutely vital, it is crucial, that you do not leave your mortgage renewal to the last minute, because you need time to be able to properly get banks and lenders to compete for your rate. In my opinion, it's actually more crucial to have a mortgage broker working for you upon renewal than it is when you first buy the home. Reason being is banks are still going to try to be somewhat competitive if you're a brand new homeowner. They're going to go, "Oh, they're buying a new home. We want to keep their business for the length of the time that they live in that home. We'd better be a little competitive." But there's still always going to be that negotiation war of going, "Well, how low do you think we have to go before they agree to it?" That's truly the mentality of your banks. That's why, by going to a mortgage broker, they're dealing not only with the banks, who can offer very good rates at times, but they're dealing with all of the non banks as well. And check out other posts on the difference between banks and non banks, because it's very important that you ...
  • Emerging economies use rate hikes to control inflation CCTV News China is not alone in its struggle against soaring prices. Central banks in many emerging economies have used interest rates to control mounting inflationary pressures this year. On June 9th, Brazil's central bank raised rates by 25 basis points to 12.25 percent, the fourth time within the year. And ***ysts predict there are more hikes on the way. Just a day after Brazil's rate hike, South Korea's central bank also raised its benchmark interest rate by 25 basis points. The Reserve Bank of India hiked its benchmark rate on June 16th, for a tenth time since March 2010. The Philippines' central bank has managed to maintain its benchmark rate, but instead raised the reserve requirement on deposits and deposit substitutes of all banks and non-banks with quasi-banking functions by 100 basis points, to manage domestic liquidity and inflation expectations. Information provided by Thank you http
  • Market Focus: Brokers benefit under major bank war Making headlines today, Choice chief executive Stephen Moore discusses the war between Australia's major lenders, consumer confusion and ways savvy mortgage brokers can generate greater business. In addition, ST George hits back at rebranding speculation.
  • Michael Konczal Out of the Shadows: Creating a 21st Century Glass-Steagall The current financial crisis comes less than a decade after the culmination of a long, bipartisan effort to loosen US financial services regulation. Those reforms included 1999's Gramm-Leach-Bliley Act ("GLBA"), which relaxed the post-Depression Glass-Steagall boundaries between commercial banking and investment banking.1 This research note summarizes the logical premises that supported loosening the Glass-Steagall framework; evaluates the accuracy of those premises, given the observed market realities of the credit bubble and crisis; and recommends a path forward. The link between the financial crisis and the relaxation of Glass-Steagall's constraints is rather more complicated than typically understood. GLBA largely relied on an internally consistent set of logical premises: (1) that widening the scope of banks' activities would allow them to reverse a long-term secular decline in competitiveness; (2) that non-depository "shadow banks" should continue to compete in the banking business, because free market discipline would force them to make sound credit risk-return decisions; and (3) that even if shadow banks failed to make good credit decisions, their resulting bankruptcies would not result in taxpayer harm. To most policymakers at the time, those premises seemed sound. But in hindsight, all three premises have proven disastrously false in the marketplace. Except for the few largest bank holding companies, the opportunity to enter the securities business has not made ...
  • Banks, Non Banks and Private Lenders - Who Should You Get Your Mortgage From? Hi, everyone. How are you? It's Leah Cross with The Mortgage Center, and I'm going to chat with you about lenders because many of you are very unsure as to why not just go to the top five banks and ask them what their rates are. Why bother going to a mortgage broker? Well, aside from the fact that we're free and we do the footwork for you, there's a lot more than just five main banks out there. When it comes to a broker, for myself I actually have access to well over 40 lenders, everything from banks to non banks to private lenders. It's very key to understand the difference between all of them and why I might put you in contact with one as opposed to another. So, let's go through banks. Obviously, we know who they are. They're like the TDs, the HSBCs, the Scotia Banks, the Royal Banks and the ones that you see on your street corners that you do your regular banking with. Why not go to them right off the bat? Well, they're on every street corner. Yes, they're very accessible, and they have a lot of advertising. And they're a lot of awareness about them, but that's actually to their detriment because now they're spending a lot of money on leases and employees. And they do checkings and savings and RSPs and insurance, and they're paying for advertising. So, obviously, they have very high costs. Now, that's not to say that we don't use banks. I use banks all the time. I love using Scotia. I love using HSBC and stuff, depending on what product they're ...
  • Non-Banks Subject to Same US Rules Edward Kramer, EVP of Regulatory Programs for Wolters Kluwer Financial Services, explains how non-banks will be subject to the newly-formed Consumer Financial Protection Bureau's oversight and enforcement.

Blogs & Forum
blogs and forums about nonbanks

  • “I have been dismayed about the latest actions out of Washington and Wall Street. The banks are now pushing all manner of mortgage mods and foreclosure”
    — More Foreclosures, Please . . . | The Big Picture,

  • “The IPS blog gives you an opportunity to hear directly from IPS scholars and staff on ideas large and small and for us to hear back from you”
    — Institute for Policy Studies: Blog, ips-

  • “Navigating toward a financially intimate world - Who's your farmer? Who's your banker? Where's your money?”
    — A Thing of Beauty at The Catherine Austin Fitts Blog,

  • “Considering the fall in the growth momentum of money supply between 2008 and 2009, US economic activity could come under pressure in a few months time, prompting the Fed to begin strong monetary pumping”
    — Is deflation in the US possible? - ,

  • “,ABA Banking Journal-the flagship monthly magazine of the American Bankers Association-exists to help managers and executives at commercial and savings banking institutions succeed in the competitive financial services market. We do that by”
    — ABA Summit: Fed panel surprisingly candid on "too big to fail",

  • “Portals and Rails, a blog sponsored by the Retail Payments Risk Forum of the Federal Reserve Bank of Atlanta, is intended to Retail Payments Risk Forum hosts conference on risks in emerging payments”
    — Portals and Rails,

  • “ is the official web site for the White House and President Barack Obama, the 44th President of the United States. This site is a source for information about the President, White House news and policies, White House history, and”
    — Military Families: The Potential Victims of Proposed Auto,

  • “I summarize the relevant findings in this blog post. An excerpt: During the dark days of of credit creation from nonbanks (New Century financial, Countrywide,”
    — The Bogus "Credit Crunch" — Mises Economics Blog,

  • “A blog by Dave Jevans " Gozi Crimeware steals Client Certificates and is an SSL MITM a very interesting paper called "Closing the Phishing Hole – Fraud, Risk and Nonbanks"”
    — Closing the Phishing Hole – moving to Following The Money,

  • “A post on a blog at the AFL-CIO website talks about the results of a study showing that special purpose vehicles that lend to nonbanks using equity provided by the Treasury and”
    — The Bleak Jobs Picture - Dollars & Sense Blog,

related keywords for nonbanks