Madden v. Midland Funding, LLC, a case before the Second Circuit Court of Appeals held that a non-bank entity is not entitled to protections from usury claims under the National Bank Act (“NBA”) after taking assignment of debt that was originated by a national bank. Last week, the Supreme Court chose not to review a […]
Buying Notes from Banks and Think You’re Okay From Usury? Think Again. Read More ยป
