Outside Publication

OCC Madden Rule is First Step Toward Needed Clarity for Banks, Fintechs, and Nonbank Lenders, Westlaw

June 22, 2020

Morgan Lewis partners Susan DiCicco and David Monteiro, of counsel Eamonn Moran, and associate Michael Cumming authored a Westlaw article about the Office of the Comptroller of the Currency’s (OCC’s) final rule regarding interest related to the sale, reassignment, or other transfer of a loan by a national back or national savings association. In the article, they discussed the rule, the decision in Madden v. Midland Funding, and the implications for fintech and nonbank lenders.

Read the full Westlaw article >>