Justice Department settles $31 million redlining case in Los Angeles

Justice Department settles $31 million redlining case in Los Angeles

Newsy

Published

Watch VideoThe Department of Justice announced the largest redlining settlement in its history. The massive $31 million agreement settles allegations Los Angeles-based City National Bank avoided lending in majority Black and Hispanic neighborhoods from 2017 to at least 2020.

The Justice Department says out of the bank's 11...

Full Article