‘Redlining Is Racist’: $12 Million Settlement Ends Lending Inquiry

Image by Thanks for your Like • donations welcome from Pixabay

Lakeland Bank in New Jersey admitted no wrongdoing, but agreed to set up a $12 million homeownership fund and open two new branches in minority neighborhoods.

Tracey Tully
Author: Tracey Tully

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.