News & Analysis as of

Regulatory Requirements Lenders Executive Orders

Orrick, Herrington & Sutcliffe LLP

Small Business Admin. letter directs lenders to end “unlawful banking”

On August 26, the U.S. Small Business Administration (SBA) announced that it sent a letter to over 5,000 lenders with instructions to end “politicized and unlawful banking practices,” stating that lenders who fail to comply...more

Ballard Spahr LLP

SBA directs financial institutions to end, correct debanking actions

Ballard Spahr LLP on

Citing President Trump’s Executive Order, the SBA has sent letters to its network of more than 5,000 lenders instructing them to end what the Trump Administration said is politicized or unlawful debanking....more

Troutman Pepper Locke

SBA Orders Small Business Lenders to End Debanking Practices Pursuant to President Trump’s Executive Order

Troutman Pepper Locke on

On August 26, the U.S. Small Business Administration (SBA) took action to enforce President Trump’s directive by issuing a letter to its network of over 5,000 lenders. This letter mandates the cessation of alleged politicized...more

Troutman Pepper Locke

In Response to President Trump’s Executive Order, the OCC Removes Disparate Impact References from Fair Lending Examination Manual

Troutman Pepper Locke on

On July 14, the Office of the Comptroller of the Currency (OCC) issued Bulletin 2025-16, announcing the removal of references to disparate impact liability from the “Fair Lending” booklet of the Comptroller’s Handbook and...more

Ballard Spahr LLP

HUD Rescinds Various FHA Mortgage Loan Requirements

Ballard Spahr LLP on

Recently the U.S. Department of Housing and Urban Development (HUD) rescinded various FHA mortgage loan requirements in a series of five Mortgagee Letters....more

Faegre Drinker Biddle & Reath LLP

Less Than 40 Days to Prepare for ‘Protecting American Energy From State Overreach’ Executive Order

At a Glance - Should the U.S. government declare that the environmental and/or sustainable commodities that have been generated under a state law regime are illegal, lenders and borrowers using state-generated carbon...more

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