News & Analysis as of

Interest Rates Regulatory Requirements Mortgage Lenders

Orrick, Herrington & Sutcliffe LLP

Tennessee enacts new home loan rate

On April 28, the governor of Tennessee signed into law HB 908 to amend the maximum effective interest rate for home loans originated in the state. The new law sets the rate at four percentage points above the average prime...more

A&O Shearman

UK FCA call for evidence on interest rate 'stress test' rule for mortgage lenders

A&O Shearman on

The UK's Financial Conduct Authority (FCA) has updated its webpage on the interest rate 'stress test' rule for mortgage lenders, and issued a call for evidence on the impact of the FCA handbook rule on considering the effect...more

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