Banking with Interest

What Happens to Banks, Fintechs if OCC’s True Lender Rule Is Repealed?


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The Senate voted last week to overturn the Office of the Comptroller of the Currency’s “true lender” rule establishing how and when national banks are considered the lender when a loan is sold. Hannah Lang and Brendan Pedersen, two reporters for American Banker, discuss the rule’s expected repeal and what it means for banks.

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Banking with InterestBy IntraFi

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