Public Policy
563 results total, viewing 541 - 550
It’s called “upselling” – steering home-mortgage applicants into higher-cost terms that increase the lender’s profits – and it was rampant during the housing boom years. It worked like this: Rather than putting borrowers into loans at the lowest rates and fees for which they were qualified, loan officers convinced them to sign up for more expensive ones. Loan officers who successfully squeezed more juice, or profit, out of their applicants got extra pay for doing so. more
The list of projects hatched by The Rhode Island Foundation’s Make It Happen event last September is now so long it resembles one of the illustrated brainstorming sheets the 330 attendees to the event helped fill. more
When Rhode Island lawmakers streamlined the state income tax code three years ago, they built into it a feature that accountants say doesn’t make much sense: taxing refunds. more
Two Rhode Island commissions are looking for ways the state’s municipalities could save money by pooling resources, Boston.com reported. more
A Rhode Island House committee will open hearings Wednesday afternoon into the state’s $75 million loan guarantee to 38 Studios, WPRO reported. more
The Rhode Island Public Expenditure Council Monday called recently enacted laws to reform the state economic policymaking broadly “successful” in addressing current structural shortcomings. more
Detroit’s record U.S. municipal bankruptcy shows that states need to do more to oversee localities’ finances and unfunded liabilities, Republican and Democratic governors said. more
Look up “dysfunction” in the dictionary, and you are not likely to see “the relationship between the Rhode Island governor and the General Assembly” as a definition. But you should. more
Recent media reports and comments by President Barack Obama highlight a troubling fact about the United States today: all too often, your zip code determines your economic destiny more
In a recent Providence Business News Op-Ed (“Making manufacturing a priority will yield great rewards,” July 22), manufacturing in Rhode Island was lauded as one of our state’s economic-development strengths. Absolutely – manufacturing is our past, our present and our future. more
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