Civil Rights & Consumer Groups File Amicus Brief in Support of States' Challenge to OCC Rule That Enables Predatory Lending
December 22, 2020
December 22, 2020
SAN ANTONIO, Texas, Dec. 22 -- The National Association for Latino Community Asset Builders news release on Dec. 21:
Several civil rights and consumer groups filed an amicus brief last week in the support of the attorneys general of California, Illinois, and New York in their case against a rule from the Office of the Comptroller of the Currency (OCC) that encourages predatory lending through "rent-a-bank" schemes.
The OCC rule facilitates non-bank lenders' ef . . .
Several civil rights and consumer groups filed an amicus brief last week in the support of the attorneys general of California, Illinois, and New York in their case against a rule from the Office of the Comptroller of the Currency (OCC) that encourages predatory lending through "rent-a-bank" schemes.
The OCC rule facilitates non-bank lenders' ef . . .