Fed. Court Applies OCC 'Valid When Made' Rule In Usury Case

By Reenat Sinay (August 13, 2020, 6:00 PM EDT) -- A Colorado federal judge overturned a bankruptcy court ruling Wednesday in one of the first applications of the Office of the Comptroller of the Currency's new "valid when made" rule, which says bank loan interest rates are valid for the lifetime of the loan even if the loan is sold....

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