The nation's lenders may not be as safe as they thought from liability for cleanup of properties on which they hold mortgages.

A Connecticut banker is facing criminal charges in a state court for failure to clean up a commercial property on which his thrift made a loan, even though it never foreclosed on the property.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.