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Vermont Sets Declared Rate for 2023

The Declared Rate for determining high-interest/high-point home loans in Vermont will be four percent in 2023. Vermont law requires lenders to provide high rate disclosures on any loan with an interest rate that exceeds the...more

New York federal district court allows class action challenging bank’s NSF fees to proceed on breach of contract theory

A New York federal district court has issued an order allowing a putative class action to proceed against Trustco Bank, finding that the plaintiff had stated a claim for breach of contract based on the bank’s assessment of...more

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