Public Input Still Welcome on Talks of Potential NIPSCO Rate Increase wowo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wowo.com Daily Mail and Mail on Sunday newspapers.
The federal government is increasing oversight on Community Development Financial Institutions, making the application process more rigorous to weed out bad actors. In the past, shady financial institutions like predatory lenders have been able to get CDFI status. Andrew Kushner, senior policy counsel at the Center for Responsible Lending, said he has seen CDFIs offer loans with annual percentage rates as high as 190%. .