Fairway blasts federal regulators in $10M redlining settlement
Nation's third biggest lender casts itself as a victim of politics, noting Consumer Financial Protection Bureau launched its investigation the day after Biden Administration took office
by Matt Carter Oct 16
DOJ's 14th redlining settlement is its first with a credit union
Citadel Federal Credit Union 'respectfully disagrees' with allegations, agrees to invest $6.5M and open 3 new branches in predominantly Black and Hispanic neighborhoods in Philadelphia
by Matt Carter Oct 11
OceanFirst Bank settles DOJ redlining allegations for $15M
Since launching an initiative to combat redlining in 2021, prosecutors at the Department of Justice have reached settlements with 13 mortgage lenders totaling more than $137M
by Matt Carter Sep 18