predatory lending ↔ Office of Thrift Supervision

Relations (1)

cross_type 3.00 — strongly supporting 1 fact

The Office of Thrift Supervision (OTS) is actively involved in regulating and combating predatory lending through enforcement, consumer education, and the development of examiner guidance as described in [1], [2], and [3]. Furthermore, the OTS is recognized as a key federal agency responsible for addressing these practices, as noted in [4] and [5].

Facts (1)

Sources

Predatory Lending Practices - House.gov commdocs.house.gov U.S. House of Representatives, Committee on Banking and Financial Services 1 fact

claimThe Assistant Secretary of the Treasury, HUD, the Federal Reserve, the Office of Thrift Supervision (OTS), the Office of the Comptroller of the Currency (OCC), the FDIC, and the FTIC, along with representatives from North Carolina, New York, and Massachusetts, have all stated that legislation is needed to address predatory lending.