Predatory lending: State enforcement efforts hobbled
K. Wade Eaton

The U.S. Supreme Court recently relieved certain state-chartered mortgage lenders from complying with state statutes designed to provide consumers protection from practices known as predatory lending. At issue in the case was the validity of a regulation promulgated in July 2003 by the Office of the Comptroller of the Currency (OCC), which regulates national banks.

To read the full article from ChamberlainD’Amanda Partner K. Wade Eaton, and published in the May 15th, 2007 edition of The Daily Record, please click here.