United States: OCC Issues Final ‘True Lender' Rule To Provide Clarity For Bank Lending Partnerships - McGuireWoods LLP

United States: OCC Issues Final ‘True Lender' Rule To Provide Clarity For Bank Lending Partnerships - McGuireWoods LLP

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That clarification is consistent with the fundamental rule of the Truth-in-Lending Act, which always makes the party on the loan agreement the "creditor" on that loan.

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