Browsing: OCC

Newsbytes

As the OCC observes the one-year anniversary of Project REACh—an initiative bringing together a broad range of stakeholders to address barriers to financial inclusion—Acting Comptroller of the Currency Michael Hsu announced that the program will expand its regional focus to three new areas: Washington, D.C., Dallas and Detroit.

Newsbytes

The American Bankers Association and a coalition of financial trade groups wrote in opposition today to a Senate resolution that would invalidate the OCC’s “true lender” rule that established a test to determine when a bank is considered the true lender on a loan made in a partnership with a nonbank entity.

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