Card recently made knowns 04-14-2004 Crossing the Line - When Does Subprime Lending Become Abusive? Volume: 19 Number: 7 ISSN: 08940797 Publication Date: 04-14-2004 Page: 1 Type: Periodical Language: English With state and federal regulators figuratively at the same another's throats over the modern OCC rules that would preempt certain state banking laws.
With state and federal regulators figuratively at the same another's throats over the modern OCC rules that would preempt certain state banking laws, for what purpose is there so much fuss across a few regulations? At issue is the fate of the rapidly growing sub-prime credit market. This market is comprised of borrowers that may have blemishes upon their credit reports or otherwise do not qualify for traditional loans.