Are banks the new face of payday lending?
A key federal regulator for years has let national banks engage in lending practices that the regulator itself admits harm consumers and lenders, according to two new reports from the Center for Responsible Lending. (For the full reports go to: http://qa.crl.w.lmdagency.net/research-publication/mainstream-banks-mak… and http://www.responsiblelending.org/research-publication/national-bank-re…) The reports focus on two of many areas in which the regulator—the Office of the Comptroller of...