The Office of the Comptroller of the Currency is concerned about national banks and their mortgage subsidies "steering" customers into subprime loans."We are looking at referrals going back and forth," Acting Comptroller Julie Williams told reporters recently. "It is a fair lending issue." Ms. Williams's comments came after she made the keynote speech at the annual meeting of the National Housing Conference. She noted that the OCC has seen an increase in subprime mortgage lending by national banks.
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