The Supreme Court has asked the solicitor general to weigh in on an issue that could affect lenders and borrowers alike: whether the National Bank Act (NBA) trumps state laws that require lenders to pay interest on mortgage...more
Beginning next year, New Mexico will join a handful of other states (including, among others, California, Illinois, and Colorado) setting stringent interest rate caps on consumer loans. House Bill 132, which Gov. Michelle...more
3/11/2022
/ Borrowers ,
Consumer Financial Products ,
Consumer Lenders ,
Financial Institutions ,
Financial Services Industry ,
Interest Rate Caps ,
Interest Rates ,
Lenders ,
Loans ,
New Legislation ,
SBA Lending Programs ,
Small Dollar Lenders ,
State and Local Government