Oklahoma Banker Direct

This morning, the House Financial Services Committee began considering H.R. 10, the Financial CHOICE Act. Introduced by House Financial Services Chairman Jeb Hensarling (R-Texas), H.R. 10 is the chairman’s vision of the effort to “repeal and replace” Dodd-Frank. The Independent Community Bankers of America is having its annual ICBA Capital Summit in Washington, D.C., right now, and we want to …

Late Tuesday, Senate Bill 291 was added to the House Floor calendar and could possibly be heard today or Thursday. SB 291 is a bad bill for banking! This bill makes the necessary changes to allow Green-Energy PACE Home Loans. These loans are currently under scrutiny from federal regulators and Congress. Current Oklahoma law states that these loans are junior …