Bank to pay $31M redlining settlement, DOJ's largest ever

Newsy

13 Jan 2023 0 shares 1 views

Bank to pay $31M redlining settlement, DOJ's largest ever

Bank to pay $31M redlining settlement, DOJ's largest ever

Newsy

Published 13 Jan 2023

Watch VideoThe Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to underwrite mortgages in predominately Black and Latino communities, requiring the bank to pay more than $31 million in the largest redlining settlement in department history.

City National is the...

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