nonbank

Examples

• All

• At the federal level, the CFPB uses its authority to supervise nonbank consumer lending to enforce compliance with federal law and obtain information about a lender's internal systems and the risks posed to consumers.

  Academic text (2016)

• Many consumers rely on nonbank institutions for quick online loans.

• The new banking standards may encourage certain activities to move to the nonbank financial sector, where those standards do not apply.

  Blog text (7)

• And the agency says 24 million more households have a bank account but still use nonbank financial services, like prepaid cards.

  Blog text (5)

• In the nonbank financial sector, consolidation included the development of the debt market and reform of the securities and futures markets.

  Academic text (2001)

• In addition, it has the authority to supervise nonbank 'larger participants' in markets for other consumer financial products or services as the CFPB defines by rule.

  Academic text (2016)

• Specifically, the CFPB has the authority to supervise nonbank covered persons of all sizes in the residential mortgage, private education lending, and payday lending markets.

  Academic text (2016)

• Title II of Dodd-Frank is viewed by many academic critics as unworkable and unlikely to produce an orderly resolution of nonbank institutions or large bank holding companies.

  Academic text (2018)

• Nonbank fund managers acquire one asset—Treasury securities—and pay with another—deposits—so the money supply falls.

  Academic text (2017)

• On December 18, 2014, MetLife was notified by FSOC that it had been designated a nonbank systemically important financial institution (SIFI), which implied new regulatory burdens and risks.

  Academic text (2018)

Antonyms

B

bank

∞ 1.0

A place where people keep and borrow money

Surface Forms

Morphology

Etymology