On March 28, the Mortgage Bankers Association hosted a webinar featuring Melanie Brody and Jeff Taft as speakers on key features of the Office of the Comptroller of the Currency (OCC) Fintech Charter.

On December 2, 2016, the OCC announced it will begin considering applications for a special-purpose national bank charter from Fintech companies. This special purpose charter is an attractive option for residential mortgage lenders who would benefit from a more streamlined supervisory and examination regime, exportation of interest rates and certain fees, and preemption of certain state lending requirements, including licensing. Explore the potential benefits to your organization.

For more information, visit the Mortgage Bankers Association webpage.