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Military Lending Act Nonbank Firms

Hudson Cook, LLP

CFPB Enforcement Order Registry Requirements Effective September 16

Hudson Cook, LLP on

Who's Covered: Registrations and Written Statements - Generally, a covered nonbank with a covered order in effect on or after September 16, 2024, must register and submit information to the CFPB about the entity and the...more

Ballard Spahr LLP

Defense Department Proposes Expansion of Military Lending Act Regulations

Ballard Spahr LLP on

The Department of Defense (DoD) has issued a proposal to revise and significantly expand the coverage of its rule implementing the Military Lending Act (MLA). The proposed revisions would limit interest charged to...more

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