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Posted To: Pipeline Press

Do you think the regulatory environment in residential lending is tough to navigate? Just think about who is going to regulate flying cars? Dust off the Jetson’s tapes: There is a litany of legal and regulatory questions posed by these machines. Who can operate one? How many passengers are allowed inside? Can flying cars fly over roads? Do they have to? What kinds of safety measures must be included, and critically, can the vehicles be manufactured for commercial use? Are they allowed in the Taco Bell drive-thru? Regulators & regulation: The Conference of State Bank Supervisors, which represents state banking regulators, is suing the OCC to stop it from issuing specialty banking licenses to financial technology firms. Products The Money Source Inc. has launched SIME (pronounced Sim…(read more)

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Source: Mortgage News Daily

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