The Department of Justice has ordered Los Angeles-based City National Bank to pay more than $31 million on allegations that the company discriminated against predominantly Black and Latino communities by refusing to underwrite mortgages in those areas, NBC News reports. On Thursday (January 12), the Justice Department accused City National of avoiding marketing and underwriting … Continued
The post Department Of Justice Orders City National Bank To Pay Largest Redlining Settlement In History appeared first on Atlanta Daily World.