Banks and mortgage lenders are urging the Trump administration to scrap a plan to water down an Obama-era regulation aimed at combating discrimination in housing, saying it is inappropriate amid the national reckoning on race.
Bank of America Corp. and Quicken Loans Inc. in recent days came out against the initiative, which would make it harder to pursue housing-discrimination cases by raising the burden of proof needed to bring a claim. Lenders were generally supportive of the changes when they were floated last year.
...- Payday lenders fought a proposal to limit how many loans borrowers could take in a row and require verification of their means to pay their debt.Credit...Joe Buglewicz for The New York Times
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