American Bankers Association
OCCRulemakingOCC-2020-0026

National Banks and Federal Savings Associations as Lenders

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Last modified
Aug 9, 2021
Comment window
closed 2154d ago
American Bankers Association filings
1

Activity

American Bankers Association filed 1 comment on this docket between Sep 4, 2020 and Sep 4, 2020. 45 other organizations filed here. The comment window closed 2154d ago.

What American Bankers Association filed (1)

Abstract

The Office of the Comptroller of the Currency (OCC) is proposing a regulation to determine when a national bank or Federal savings association (bank) makes a loan and is the ``true lender'' in the context of a partnership between a bank and a third party, such as a marketplace lender. Under this proposal, a bank makes a loan if, as of the date of origination, it is named as the lender in the loan agreement or funds the loan.

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National Banks and Federal Savings Associations as Lenders (OCC) — American Bankers Association | OpenPolis