The OCC and FDIC “Madden fix” Final Rules and Related Recent Developments - a podcast by Ballard Spahr LLP

from 2020-07-23T12:53:50

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After reviewing the legal foundation for federal preemption of state law limits on interest, we discuss the final OCC/FDIC “Madden fix” rules, the “true lender” issue, potential Congressional or litigation challenges to OCC/FDIC “Madden fix” and “true lender” rules, and recent developments in litigation involving Madden or “true lender” challenges to bank/nonbank partnerships and securitizations.

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