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Home » Store » Taxable » OCC Weighing Preemption of Georgia’s Fair Lending Act

OCC Weighing Preemption of Georgia’s Fair Lending Act

$50.00
Taxable

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National City Bank has asked the Office of the Comptroller of the Currency to level the playing field in Georgia by giving national banks the same federal preemption enjoyed by federal thrifts. The request was made in a February 11 letter to the OCC. Among other things, the letter said that Georgia’s Fair Lending Act has made it impossible for the company’s subprime subsidiary, First Franklin Financial,
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