Finance & markets · 30/10/2020
National Banks and Federal Savings Associations as Lenders
The Office of the Comptroller of the Currency (OCC) has issued a final rule to clarify when a national bank or Federal savings association is considered the 'true lender' in loan transactions, including partnerships with third-party lenders.
Original source language: Federal Register — Office of the Comptroller of the CurrencyOpen original release →