True Lender Rule May Be Repealed
By EsqSocial Corporation 19/05/21
As most financial institutions and lenders are aware, in October 2020 the Office of the Comptroller of the Currency (the OCC) issued a rule that required the identification of the "true lender" of a loan to a customer if the loan originates through a partnership between a nationally chartered bank and a third party, usually a non-bank lender....
By: Baker Donelson