Risk Management - Regulation is on its way

While it’s clear that new regulations from Capitol Hill are on their way, I urge a balance between the push for growth in loan outstandings with the need to maintain or improve the overall credit quality of existing and new loans. Without that balance, we will end up right where we started -- with increased loans with increased loan delinquencies and charge-offs. Further, I urge the regulatory changes to not simply be "add-on's". They should be meaningful modifications of existing regulations or better review and enforcement of compliance with these regulations’ intended purposes.