Hundreds comment on OCC proposed “true lender” rule
CFPB Monitor
OCTOBER 13, 2020
We recently published a blog about the OCC’s proposed rule “National Banks and Federal Savings Associations as Lenders” (the “Proposed Rule”), which would clarify that a bank (or savings association) is properly regarded as the “true lender” when, as of the date of origination, it is named as the lender in a loan agreement or funds the loan.
60 
Let's personalize your content