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Justice Department, NJ bank reach $13M settlement in mortgage discrimination case

Between 2015 and 2021, Lakeland Bank allegedly failed to provide mortgage lending services to Newark's Black and Latino communities. ....

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DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims
nationalmortgageprofessional.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgageprofessional.com Daily Mail and Mail on Sunday newspapers.

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DOJ nets $28M financial penalty against Warren Buffett-owned mortgage lender for redlining

WASHINGTON – The U.S. Department of Justice has handed down a fine in excess of $28 million to a Pennsylvania mortgage company owned by billionaire Warren Buffet, which it says engaged in discriminatory lending practices to prospective homeowners who are Black and Latino. ....

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Officials announce new mortgage discrimination enforcement – Center for Public Integrity

The Department of Justice and other agencies announced a new initiative Friday to combat mortgage discrimination in lending practices. ....

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New US Justice Department Initiative to Combat 'Redlining' - New Delhi Times - India Only International Newspaper

U.S. Attorney General Merrick Garland announced Friday new measures to fight discriminatory lending practices. The Justice Department's new Combating Redlining Initiative will redirect federal resources to investigating fair lending concerns, according to the agency. It will draw on existing department authorities under the Fair Housing Act and the Equal Credit Opportunity Act to prevent creditors… ....

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