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Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad ...

It's called modern-day redlining, discriminatory practices against a potential homebuyer, not based on their income or credit history, but their race. Even when applicants do qualify for a mortgage, ...

If approved, the settlement would leave legal concerns over free speech, race-based affirmative lending, and the use of data in modern-day redlining lawsuits “without adjudication of any issue of fact ...

The Department of Justice, the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau are teaming up in a new initiative to combat redlining. The Civil Division of the ...

A group of veteran bankers and private equity investors in Texas spotted an opportunity as the economy reeled a decade ago. They raised $1 billion, bought up hobbled lenders and called their new bank ...

The Justice Department will prioritize redlining investigations with Attorney General Merrick Garland pledging the crackdown on discriminatory lending would be unprecedented in its aggressiveness.

Rules about minimum lot sizes, setbacks and other restrictions are a major hindrance to people who are just trying to find a place to live. Bigstock Housing issues have made headlines for years — and ...

Director of Government Affairs at CBC Mortgage, Tai Christensen, explains how redlining trends have transformed over the years — from the 1930's up until today — but remain just as detrimental to the ...

A group of veteran bankers and private equity investors in Texas spotted an opportunity as the economy reeled a decade ago. They raised $1 billion, bought up hobbled lenders and called their new bank ...