With the House voting Thursday to join the Senate in overturning the “true lender rule” by the federal regulator of national banks, the acting chief of the agency said it would respect the decision by […]
Measures that would repeal the “true lender” rule for banks, restore the federal credit union regulator’s short-lived, direct authority over third-party vendors, and set a trigger for the countercyclical capital buffer (CCyB) for banks are […]
The House is expected to pass legislation that would repeal the controversial “true lender” rule adopted last fall by the federal regulator of national banks, joining the Senate which adopted the legislation Tuesday. In a […]
Determining when a bank is a “true lender” within the context of a partnership between it and a third party is the focus of a final rule issued Tuesday by the federal regulator of national […]
A bank that makes a loan would be determined a “true lender” under the provisions of a rule proposed Monday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said […]
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