During the Biden presidency the prudential bank regulators and the DOJ began to prosecute cases of alleged redlining much more aggressively than ...
The US government is retreating from its mission of ensuring banks and other big financial companies don’t discriminate against neighborhoods with high populations of racial minorities when making ...
The Community Reinvestment Act (CRA) was passed in 1977 to combat redlining and increase bank services in low-income communities. Despite progress, the legacy of redlining continues to affect ...
The 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 ...
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