OCC files new district court decision applying “valid when made” doctrine and rejecting “true lender” challenge
CFPB Monitor
APRIL 22, 2021
The OCC has filed a Statement of Recent Decision in Support of Defendants’ Motion for Summary Judgment in the lawsuit filed by state AGs to enjoin the OCC’s final rule (Rule) purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations.
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