Trade groups file lawsuit in Texas federal court challenging final OCC/FDIC/Federal Reserve Community Reinvestment Act rules
CFPB Monitor
FEBRUARY 7, 2024
Several national and Texas banking and business trade groups have filed a lawsuit in the U.S.
FDIC Lending Regulation Texas 
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Bankers: Is your strategy the same as your competitor?
Jeff For Banks
MARCH 29, 2014
To exemplify, here are three Texas bank''s "Business" and "Business Strategy" sections to their most recently filed 10k. I picked Texas because of their perceived independent streak. Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. Independent?
Bank/nonbank partnerships could face CFPB scrutiny
CFPB Monitor
JUNE 20, 2022
To date, CFPB enforcement actions have raised “rent-a-charter” challenges only in the context of tribal lending, most notably in its enforcement action against CashCall. The CFPB’s lawsuit broke new ground by asserting UDAAP violations based on CashCall’s efforts to collect loans that were purportedly void in whole or in part under state law.
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