WebJan 12, 2024 · City National Bank will pay $31 million to settle DOJ’s redlining case Between 2024 and 2024, City National approved over 6,000 loans in the LA area. Just 7% of them were in majority-Black and Latino census tracts. Hillel Aron / January 12, 2024 (U.S. Department of Justice Complaint) WebJan 12, 2024 · Justice Department Secures Over $31 Million from City National Bank to Address Lending Discrimination Allegations Largest Redlining Settlement Agreement in …
City National Bank To Pay $31M To Settle Redlining …
WebFeb 28, 2024 · The Justice Department announced today a $9 million agreement to resolve allegations that Park National Bank (Park National), headquartered in Newark, … WebJan 12, 2024 · Contact Posts Tagged ‘City National Bank’ Bank to pay $31M redlining settlement, DOJ’s largest ever January 12, 2024 0 In a historic ruling, City National Bank owes $31 million to people of color who were unfairly denied mortgages. Read More can two fitbits be synced to one phone
LA-based City National Bank to pay $31 million to settle …
WebJan 12, 2024 · As part of the settlement, City National will create a $29.5 million loan subsidy fund for loans to Black and Latino borrowers, and spend $1.75 million on advertising, community outreach and ... WebCity National Bank has agreed to commit more than $31 million to boost lending to Black and Latino home buyers in Los Angeles County to settle a federal government lawsuit accusing it of lending ... WebJan 12, 2024 · Jan 12 (Reuters) - City National Bank has agreed to pay $31 million to settle lending discrimination allegations with the U.S. Justice Department, the agency said on … can two files have the same hash value