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» Fitch Updates Its Rating Policies in Wake of OCC Preemption, Revises Criteria on Predatory Loans
Fitch Updates Its Rating Policies in Wake of OCC Preemption, Revises Criteria on Predatory Loans
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Fitch Ratings revised its rating policy after the Office of the Comptroller of the Currency issued two final regulations that address federal preemption of state predatory lending laws for OCC-regulated national banks and their subsidiaries.