Edition:
United States

Business & Financial News, U.S & International Breaking News

THE WIRE

More Top News

Trump administration eases risks for banks on false lending claims

The Trump administration said on Monday it would try to entice banks to offer more mortgages to low-income borrowers by reducing reliance on a Civil War-era law the Obama administration used in the wake of the subprime mortgage crisis to build bad-lending cases against big banks.

Advertisement

Have a news tip?

Reuters provides several ways to securely and confidentially share information and materials with our journalists.

LEARN MORE ››

Signup for our newsletter

Subscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.