Could Deportation Cost A Borrower A Loan? Banks Told To Weigh The Risk

Dallas Express
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Could Deportation Cost A Borrower A Loan? Banks Told To Weigh The Risk
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Federal regulators told banks and credit unions Monday to weigh whether borrowers without legal work authorization could lose income through job termination, expired work authorization or removal from the United States when evaluating mortgages, auto loans, credit cards and other debts. The Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and National […]

The post Could Deportation Cost A Borrower A Loan? Banks Told To Weigh The Risk appeared first on Dallas Express.

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