Brand New York’s Lender/Broker Licensing Proposal
June 30, 2021 3:57 pm | Leave your thoughts
Brand New York’s Lender/Broker Licensing Proposal Ny Governor Andrew Cuomo’s proposed budget features a legislative proposal to “allow the Department of Financial solutions (“DFS”) to better regulate the business enterprise techniques of online loan providers.” 1 This legislation, which would amend Section 340 associated with the Banking Law, may have a dramatic impact on lending...