WASHINGTON—In May 2006, a Deutsche Bank AG supervisor warned a senior trader at the bank’s subprime desk that a mortgage lender whose loans the bank was securitizing was becoming too lenient with its underwriting practices. Details in a $7.2 billion agreement the bank reached with the Justice Department made public Tuesday show the Deutsche employee was concerned about Option One Mortgage Corp., which collapsed during the 2008...

Source: Wall Street Journal January 17, 2017 20:28 UTC