OCC Issues Proposed True Lender Rule

OCC Issues Proposed True Lender Rule

OCC Issues Proposed True Lender Rule On Monday, the Office of the Comptroller of the Currency (OCC) proposed a new rule that would clarify when banks are the “true lenders” of loans when involved with third parties. In so doing, the rule would resolve key...
CFPB Launches Consumer Financial Protection Week

CFPB Launches Consumer Financial Protection Week

CFPB Launches Consumer Financial Protection Week This week, the Consumer Financial Protection Bureau (CFPB) is launching its first Consumer Financial Protection Week, which will take place today through Friday. The virtual event will concentrate on issues consumers...
CFPB Issues Final Rule on Small Dollar Lending

CFPB Issues Final Rule on Small Dollar Lending

CFPB Issues Final Rule on Small Dollar Lending Earlier this week, the Consumer Financial Protection Bureau (CFPB) issued its long-awaited small dollar lending rule to preserve consumer access to competition and credit. Upon finding the mandatory underwriting...

Pin It on Pinterest