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Among that total is a $20 million federal settlement with Trident Mortgage in Pennsylvania in July and a $13 million settlement with Lakeland Bank in New Jersey in September.
The largest bank headquartered in Los Angeles agreed to pay $31 million for allegedly engaging in lending discrimination in what is the largest redlining settlement in Department of Justice ...
Redlining is a discriminatory lending practice impacting communities of color. The U.S. Department of Justice announced a $31 million settlement with City National Bank over allegations that the ...
In comparison, the bank opened or acquired 11 branches in that time period. In addition, no employee was dedicated to underwriting mortgages at that one branch, unlike branches in majority white ...
City National Bank has agreed to pay over $31 million in loan subsidies and outreach activities as part of a settlement with ...
A settlement with the Department of Housing and Urban Development with Associated Bank in 2015 involved the bank making a commitment to make $200 million in increased lending in minority-majority ...
A settlement with the Department of Housing and Urban Development with Associated Bank in 2015 involved the bank making a commitment to make $200 million in increased lending in minority-majority ...
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