March 9, 2011

It is almost mid-March. Time is flying. First quarter is almost complete, new laws are up and running, and newer laws are preparing to be put to use. Much will change, but as we have seen over the past two years, the more things change, the more they stay the same. Every new legislation has made lending more difficult, but we are still lending. All the new guidelines make lending a challenge, but we are still lending. The cost of making loans or getting a loan has gone up, but we are still lending and people are still borrowing. Those of us not here to make a quick buck, but to earn a living and to take care of our communities will still be here when lending is no longer under the microscope.