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For example, the agency could have demanded that servicers offer a range of loan modifications to a borrower, without getting approval by the owner of the mortgage.
If Congress backs Mr. Obama's proposal, opponents say that students will forfeit the individualized service that private lenders are better able to offer: a one-on-one meeting in a high school gym, a range of loan options to pick from, or an 11th-hour meeting to avoid a default.
This includes OnDeck with its fast short-term loans and the long-established Lending Club, which provides a range of loan products to small businesses and consumers.
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Because a mortgage broker typically sells loans on behalf of perhaps 10 lenders, at most, a borrower could be offered a range of loans that does not include the market's lowest.
The tests, published on Tuesday, calculated how much a bank's capital would be affected assuming losses on a range of loans and securities over a 27-month period that concludes at the end of 2013.
The combined European business will have unparalleled scale in Europe and will strengthen our investment proposition to investors across a range of bank loan and other credit funds".
A range of VBP loan products offered under the LBCM should be designed.
In South Korea, for example, national officials placed a cap on the interest rates of a range of consumer loans.
The central bank has turned to unconventional tools — like its recent decision to start buying government debt — to pull down interest rates on a range of consumer loans.
Once banks and private investors saw that the system worked with the government acting as a guarantor, they developed and offered a range of commercial loans and consumer credit products to support the renovations.
Membership is voluntary and members are offered a broad range of loan and savings products usually at a cheaper cost and flexible payment plans compared to mainstream commercial banking institutions.
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CEO of Professional Science Editing for Scientists @ prosciediting.com