Morning Scan: Mortgage Laws Put Lenders in a Bind; Rappers' Fra...

Receiving Wide Coverage ...

State of Banking, Continued: The regulatory push for banks to take fewer risks in mortgage lending has also meant that banks are issuing fewer mortgages to African-Americans and Hispanics. As part of the new regulatory scheme, banks have moved into making high-dollar mortgages because they carry less risk, the Wall Street Journal reports in its ongoing series on the state of banking. In the process, low-income and middle-income consumers are finding it...