The Consumer Financial Protection Bureau (CFPB) released its 2022 Fair Lending Annual Report to Congress last week, which illustrates how it took aim last year at redlining and appraisal ...
LATER TONIGHT. WELL, PEOPLE AROUND THE METRO HAD THE OPPORTUNITY TO SEE AN AWARD WINNING DOCUMENTARY ABOUT REDLINING. DIVISIBLE COVERS KEY TOPICS AROUND REDLINING, HISTORICAL CONTEXT AND ITS CURRENT ...
A congressional watchdog determined a federal agency responsible for overseeing national banks — the Office of the Comptroller of the Currency (OCC) — has followed procedures “inconsistently” and used ...
JACKSONVILLE, Fla. — It's a practice that dates back nearly a century and was outlawed more than 50 years ago, but the fight continues against the discriminatory lending process known as redlining.
It's called modern-day redlining, discriminatory practices against a potential homebuyer, not based on their income or credit history, but their race. Even when applicants do qualify for a mortgage, ...
The parent company of Cadence Bank agreed Monday to pay roughly $8.5 million in fines and community investments to settle charges of lending discrimination brought by the Justice Department and a ...
First National Bank of Pennsylvania said that it is "deeply disappointed" that the government started an investigation despite the fact that it only entered the Charlotte and Winston-Salem, North ...