The DOJ obtained more than $31 million to resolve allegations against a bank for engaging in redlining practices in predominantly Black and Hispanic neighborhoods in Los Angeles County and for discouraging residents in those neighborhoods from applying for mortgage loans.
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A national bank settled CFPB, DOJ and OCC allegations of redlining under the Fair Housing Act, the Equal Credit Opportunity Act and the Consumer Financial Protection Act.
A foreign banking organization agreed to pay $4.9 billion to resolve DOJ claims related to the underwriting and issuance of residential mortgage-backed securities between 2005 and 2008.