Search for: "Second Federal Savings & Loan Association" Results 81 - 100 of 358
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20 Nov 2020, 3:00 am by Jim Sedor
Steven Palazzo is being investigated by the Office of Congressional Ethics (OCE) for allegedly using campaign funds to pay expenses associated with a farm he used to own. [read post]
13 Nov 2020, 3:00 am by Jim Sedor
While Emhoff is not a lobbyist, the firm has a large presence lobbying the federal government on behalf of clients including Comcast, Raytheon, and the government of Puerto Rico. [read post]
8 Oct 2020, 8:56 am by Kristian Soltes
” The named consumer plaintiffs in the case at hand, Andrew Mackmin and Sam Osborn, reached the deal with Bank of America, National Association; NB Holdings Corp.; Bank of America Corp.; Chase Bank USA NA; JPMorgan Chase & Co.; JPMorgan Chase Bank NA; Wells Fargo & Co.; and Wells Fargo Bank NA. . . . [read post]
  Additionally, the OCC recently issued a proposed rule that would establish a bright line test providing that a national bank or federal savings association is properly regarded as the “true lender” when, as of the date of origination, the bank or savings association is named as the lender in a loan agreement or funds the loan. [read post]
25 Aug 2020, 9:33 am by Jeremy T. Rosenblum
Three weeks after California, Illinois and New York sued the Office of the Comptroller of the Currency (OCC) to enjoin its final rule purporting to override the Second Circuit’s Madden decision as to national banks and federal savings associations, in a complaint filed on August 20, 2020 in the same California federal district court, California, the District of Columbia, Illinois, Massachusetts, Minnesota, New Jersey, New York and… [read post]
3 Aug 2020, 10:40 am by Jeremy T. Rosenblum and James Kim
§1463(g) (a near-identical provision of the Home Owners’ Loan Act (HOLA)) that the assignee of a loan made by a national bank or federal savings association may charge the same interest rate that the bank or savings association is authorized to charge under federal law. [read post]
24 Jul 2020, 3:00 am by Jim Sedor
Financially Strapped Trucking Firm Tripled Lobbying Days Before Winning Coronavirus Relief Loan Roll Call – Jessica Wehrman | Published: 7/21/2020 The trucking company that received a $700 million coronavirus relief loan spent $210,000 on lobbyists in the days before it reached an agreement with the Treasury Department on that loan. [read post]
The OCC’s final “Madden fix” rule confirmed that the assignee of a loan made by a national bank or federal savings association may charge the same interest rate that the bank or savings association is authorized to charge under federal law but did not address when a loan is deemed to made by a bank or savings association. [read post]
25 Jun 2020, 12:55 pm by Scott A. Coleman and Lori J. Sommerfield
The final CRA rule is an effort by the OCC to provide objective measures to evaluate the CRA performance of national banks and savings associations supervised by the OCC (including federal and state-chartered savings associations and uninsured federal branches of foreign banks). [read post]
25 Jun 2020, 10:13 am by Canadian Legal Wills
The second exception is for federal student loans, which are generally forgiven upon either the death or permanent disability of the borrower. [read post]
18 Jun 2020, 11:21 am by Alan S. Kaplinsky
While the OCC’s final rule confirmed that the assignee of a loan made by a national bank or federal savings association can charge the same interest rate that the bank or savings association is authorized to charge under federal law, the final rule did not address which entity is the “true lender. [read post]
After analyzing the comments sent in response to the proposed rule, the OCC rule was finalized, providing that when a national bank or state or federal savings associations sells, assigns, or transfers a loan, the interest that was permissible prior to the transfer continues to be permissible following the transfer, regardless of state usury laws which implement caps on interest rates. [read post]
1 Jun 2020, 11:26 am by Jeremy T. Rosenblum
§1463(g) (a provision of the Home Owners’ Loan Act) that the assignee of a loan made by a national bank or federal savings association can charge the same interest rate that the bank or savings association is authorized to charge under federal law. [read post]
11 May 2020, 1:55 am by Kevin Kaufman
State and local governments may also apply for economic stabilization loans from a pool of $454 billion available to businesses and governments. [read post]
1 May 2020, 3:00 am by Jim Sedor
The people who are not counted can lose political representation at both the state and federal levels. [read post]