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The Nexus
BUSINESSJul 13 · 22:39 UTCBORDER REPORTFATIMA HUSSEIN and KEN SWEET, Associated Press

Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US

Regulators are issuing new guidance to address bank lending risks associated with borrowers living illegally in the U.S. The Trump administration is taking steps to prevent such individuals from using the nation's banking system and cracking down on financial institutions that lend to them.

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Trump administrationorganizationFinancial Regulatorsorganizationillegal US residentstopicbank lending risktopicbanking systemtopic
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Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US · The Nexus