Sep 4, 2020· OCC-2020-0026-0196
Please find attached the comment of the American Bankers Association.
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.
Please find attached the comment of the American Bankers Association.
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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