The Office of the Comptroller of the Currency (OCC) on Monday proposed a new rule that would identify the “true lender” of a loan as the bank that “is named as the lender in the loan agreement” or “funds the loan.”

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The Office of the Comptroller of the Currency (OCC) on Monday proposed a new rule that would identify the “true lender” of a loan as the bank that “is named as the lender in the loan agreement” or “funds the loan.”
Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:... More by Aaron Nicodemus
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