Redlining
A federal judge has approved the second version of a deal between the U.S. Department of Justice and Ameris Bank to settle government claims that the lender broke federal laws by discriminating against Black and Hispanic home seekers in Jacksonville. U.S. District Judge Marcia Morales Howard greenlit
The Justice Department announced today that its Combating Redlining Initiative has secured over $107 million in relief for communities of color nationwide that have experienced lending discrimination by banks or other mortgage lending businesses. As a part of the $107 million, the Department also announced a $9 million agreement with Ameris Bank to resolve allegations […]
The Justice Department has secured a $9 million settlement with Ameris Bank over allegations that it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans. The bank denied violating fair lending laws and said it . . .
The oldest community bank in the U.S. agreed last week to pay $9 million to settle claims that it discriminated against Black and Hispanic Rhode Island residents who sought mortgages. For at least six years dating back to 2016, during its expansion throughout Rhode Island, Washington Trust Co. allegedly redlined, turning away lenders from majority-Black […]
Research Highlights: An analysis of more than two million adults in the U.S. found that present day heart failure risk was higher among Black adults who lived in zip codes historically impacted by redlining compared to Black adults living in non-redlined areas. Redlining did not have the same impact on heart failure risk […]
A New Jersey bank has agreed to pay over $13 million to settle claims from the U.S. Department of Justice that the bank was not supplying loans to predominantly Black and Hispanic customers. The DOJ announced last week that it secured an agreement with Lakeland Bank to resolve allegations that the bank engaged in a […]
May 9 (Reuters) – Three small beds, two dressers and baskets full of clothes and other items cram a bedroom shared by three of Dontrael Starks’ children in the family’s Denver, Colorado, home. Another child, who is autistic, has her own bedroom. “We are pretty much on top of each other. We’ve just grown out […]
A new study has found that neighborhoods in which the federal government discouraged investment nearly 100 years ago – via a racist practice known as redlining – face higher levels of air pollution today. Looking at more than 200 cities across the nation, researchers from the University of California, Berkeley, found that people who live […]
The U.S. Justice Department is taking action to combat racially discriminatory lending practices that have plagued families of color for decades. On Friday, the Depart of Justice unveiled the Combatting Redlining Initiative to address the illegal practice of redlining, which is prohibited by the Fair Housing Act and the Equal Credit Opportunity Act. Led by […]
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