It's our belief that levelling the playing field is part of having a balanced marketplace. Certainly, what we are seeing now is people pursuing loans through non-federally regulated lenders, often at terms that are certainly not competitive. We're concerned about those potentially higher-risk borrowers coming into the market and having that exacerbate and accelerate demand. We believe that levelling the playing field is in the best, long-term interest of the marketplace.
On September 20th, 2017. See this statement in context.