DOJ

Patriot Bank Agrees to $1.9M Settlement for Redlining

Patriot Bank, based in Millington, Tennessee, has agreed to enter into a consent order with the U.S. Department of Justice (DOJ) to resolve the federal government's allegations that the bank avoided providing mortgages to people living in, or seeking to live in, majority Black and Hispanic neighborhoods.  Patriot, a community bank with eight branches, serves [...]

January 19th, 2024|

Justice Department Announces New Initiative to Combat Redlining and Announces Settlement with Trustmark National Bank

The U.S. Department of Justice is launching a nationwide Combatting Redlining Initiative  to combat discriminatory lending practices, Attorney General Merrick Garland said on Friday. Garland said the illegal practice of "redlining," or avoiding lending to minority neighborhoods, remained a persistent problem, and the federal government was devoted more resources to identifying it and punishing lenders. [...]

October 22nd, 2021|

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