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DC OAG Reaches $4 Million Settlement With FinTech Over Claims Of Predatory Lending - Technology - Vimarsana News

DC OAG Reaches $4 Million Settlement With FinTech Over Claims Of Predatory Lending - Technology

On February 8, the District of Columbia attorney general announced a settlement with a FinTech company for alleged violations of the District of Columbia Consumer Protection Procedures Act (CPPA)...

Source: mondaq.com
OCC Prevails In Challenge To - Vimarsana News

OCC Prevails In Challenge To

On February 8, the U.S. District Court for the Northern District of California ruled against three states – California, Illinois, and New York – challenging the OCC's rule on the "valid when made" doctrine.

Source: mondaq.com
Settlement with FinTech Company Over Claims of Predatory Lending - Vimarsana News

Settlement with FinTech Company Over Claims of Predatory Lending

The District of Columbia attorney general announced a settlement with a FinTech company for alleged violations of the District of Columbia Consumer Protection Procedures Act CPPA by marketing high-costs loans carrying interest rates exceeding D.C.’s interest rate caps.

OCC's Valid When Made Rule Prevails in Challenge - Vimarsana News

OCC's Valid When Made Rule Prevails in Challenge

The District Court for the Northern District of California ruled against three states – California, Illinois, and New York – challenging the OCC’s rule on the valid when made doctrine. The states contended that the issuance of the rule violated the APA, amongst other things.

OCC Prevails in Challenge to "Valid When Made" Rule | Sheppard Mullin Richter & Hampton LLP - Vimarsana News

OCC Prevails in Challenge to "Valid When Made" Rule | Sheppard Mullin Richter & Hampton LLP

On February 8, the U.S. District Court for the Northern District of California ruled against three states – California, Illinois, and New York – challenging the OCC’s rule on the “valid...