In the 1930s, the U.S. government introduced the practice of redlining — categorizing neighborhoods based on the ethnic and racial backgrounds of the people who lived there, with areas primarily ...
On July 31, the U.S. District Court for the District of New Jersey denied without prejudice the government’s motion to terminate a consent order ...
The Justice Department has secured $122 million from a dozen banks and mortgage companies in redlining cases since Attorney General Merrick Garland announced the agency's Combat Redlining Initiative ...
The ABA's assessment of the Biden administration's fair lending enforcement efforts makes questionable claims about a practice that remains a major problem in some U.S. communities, write Stephen ...
Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators’ allegations of mortgage ...
Opponents argued that Provident Bank, which bought Lakeland in 2024, had yet to disburse millions of dollars remaining on a ...
U.S. District Court Judge Claire C. Cecchi was not convinced that Lakeland Bank no longer needed a binding agreement to allot millions in mortgage subsidies it had agreed to pay to compensate for ...
Lending discrimination occurs when a lender treats people differently based on characteristics that they share with a ...
(NewsNation) — The government-sanctioned discrimination known as redlining, which was outlawed more than 50 years ago, lives on today in the form of higher rates of diabetes in formerly redlined ...
U.S. military veterans who lived in what were once known as "redlined" areas had a higher risk for heart attacks and other cardiovascular issues, according to a new study by researchers at Case ...
Vacant and abandoned properties clustered on the Chicago’s South and West sides and southern suburbs have been a stubborn problem for decades. Every two years, the Cook County treasurer tries to ...
Researchers at George Washington University's Milken Institute School of Public Health found that the structurally racist policy of redlining in the past, is associated with current disparities in the ...