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    • COMMUNITY DEVELOPMENT—Treasury proposes single-family home purchase rules for large institutional investors
    • BANKING OPERATIONS—Fed, FRBKC ask Supreme Court to deny Custodia master-account review
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    • ENFORCEMENT ACTIONS—17 state AGs, Snap Finance reach $664 million rental-purchase settlement
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    • EXPERT INSIGHTS—FDIC issues proposal on bank merger transactions, signaling modernized approach to merger review
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    • PREEMPTION—D. Or.: States oppose dismissal, transfer in OCC escrow preemption suit
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    • UNFAIR DECEPTIVE ABUSIVE ACTS OR PRACTICES—New York City bill proposes $2,500 private right of action for unfair business practices
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    Banking and Finance Law Daily Wrap Up, ENFORCEMENT ACTIONS—17 state AGs, Snap Finance reach $664 million rental-purchase settlement, (Oct 22, 2026)

    Organizations Mentioned:Snap Finance LLC | Snap RTO LLC

    By Colleen M. Svelnis, J.D.

    The relief covers over 300,000 consumers whose charged-off accounts remained under Snap’s control in November 2025, and eligible recipients will receive ownership of the leased property.

    Seventeen state attorneys general and Snap RTO LLC and Sn ...

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