Some State Residential Regulation Changes; Rural Housing Lender Trends

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Posted To: Pipeline Press

In case it comes up at Happy Hour tonight, how are things working out in Japan? “The Bank of Japan, already a top-five owner of 81 companies in Japan’s Nikkei 225 Stock Average, is on course to become the No. 1 shareholder in 55 of those firms by the end of next year,” per Cantor Fitzgerald. The country has had zero interest rates for many years, and Japan’s population, currently about 128 million, is expected to shrink in half by the year 2082. Let’s see what some states have been up to recently in terms of regulatory changes. The Illinois Credit Union Act has had various sections amended . For example, previously it was the responsibility of the credit committee (or if no credit committee had been appointed, the board of directors) to appoint a credit manager who was empowered…(read more)

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