Justice Department Secures $9 Million In Redlining Agreement
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Justice Department Secures $9 Million In Redlining Agreement

ByTMN Editor Reading Time: 3 minutes

By KIMBERLEY HAAS Officials at the U.S. Department of Justice announced on Tuesday that they reached a $9 million agreement with an Ohio-based bank to resolve redlining allegations. Redlining is an illegal practice in which lenders avoid providing credit services to individuals living in certain communities because of their race, color, or national origin. It…

Largest Bank Headquartered In LA Will Pay Over $31M In Redlining Settlement
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Largest Bank Headquartered In LA Will Pay Over $31M In Redlining Settlement

ByTMN Editor Reading Time: 4 minutes

By KIMBERLEY HAAS Officials at the U.S. Department of Justice announced on Thursday that they have secured over $31 million from City National Bank to resolve allegations of redlining in Los Angeles County. City National is the largest bank headquartered in Los Angeles and among the 50 largest banks in the country. This is the…

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