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Settlement Agreements Fair Housing Act (FHA) Consumer Financial Products

Ballard Spahr LLP

More Early Terminations of Redlining Consent Orders

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As previously reported, based on an unopposed motion submitted by the Department of Justice (DOJ) and Consumer Financial Protection Bureau (CFPB) the October 2021 redlining consent order with Trustmark National Bank was...more

Hudson Cook, LLP

Fair Lending Developments in the Wake of City of Miami

Hudson Cook, LLP on

[co-author: John L. Ropiequet] The fair lending cases filed by Miami against large mortgage lenders in 2013, in which the city sought to recover lost property tax revenues and increased municipal expenses allegedly caused...more

Ballard Spahr LLP

DOJ settles redlining lawsuit against First Merchants Bank

Ballard Spahr LLP on

The U.S. Department of Justice announced last Thursday that it had reached an agreement with First Merchants Bank, an Indiana state-chartered bank, to settle the redlining lawsuit that the DOJ filed against the bank on June...more

Ballard Spahr LLP

DOJ settles redlining lawsuit against KleinBank

Ballard Spahr LLP on

The U.S. Department of Justice announced earlier this week that it has reached an agreement with KleinBank, a state-chartered Minnesota bank, to settle the redlining lawsuit that the DOJ filed against the bank in January...more

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