The Protecting Consumers’ Access to Credit Act of 2017 was passed by the US House of Representatives. Source
[Editor’s note: This is a guest post from Brian S. Korn, a Capital Markets Partner at the law firm Manatt, Phelps...
[Editor’s note: This is a guest post from Brian S. Korn, a Capital Markets Partner at the law firm Manatt, Phelps & Phillips,...
The House Financial Services Committee will have hearings next month to address regulations related to loans being sold across states;...
Yesterday, I attended the second annual Online Lending Policy Summit in Washington DC. It was headlined by the Acting head of the...
The issue of “true lender” has been one that has dogged the marketplace lending industry virtually since its inception. When...
Nathaniel Hoopes, head of the Marketplace Lending Association shares how the Madden v. Midland decision is having an adverse impact on borrowers in an American Banker opinion article. Source
The Madden v. Midland case has been a closely followed case for over two years by the marketplace lending industry; bills are now being introduced to hopefully fix the ambiguity around the case; Lend Academy shares the history of the case and perspectives from Adam Levitin, professor of law at Georgetown University, Nat Hoopes, executive director of the Marketplace Lending Association, and Brian Korn, partner at the law firm Manatt, Phelps & Phillips. Source
[Editor’s Note: This is a guest post from Scott Stewart, CEO of the Innovative Lending Platform Association. ] Courts are distorting...
We have been covering the Madden issue for several years here on Lend Academy (the full list of coverage is...