Liberty Bank settles loan ‘redlining’ suit

. to settle civil charges alleging the New Jersey-based bank wrongfully discriminated against prospective black and Hispanic home buyers, in a case that marks the largest ever redlining settlement.

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Redlining complaints against First Federal Bank of Kansas City have led to a settlement aimed at creating $2.5 million worth of home loans in neighborhoods where the majority of residents are.

A federal lawsuit alleging Liberty Bank has engaged in systematic racial discrimination in its lending practices and has engaged in unlawful redlining has been filed in the U.S. District Court in.

WASHINGTON, Oct. 4– The National Consumer Law Center issued the following news release:. The Connecticut Fair Housing Center and the national consumer law center today filed a lawsuit in the U.S. District Court for the District of Connecticut against Liberty Bank, alleging that the bank has violated the Fair Housing Act by engaging in unlawful "redlining" of predominantly African-American and.

Middletown-based Liberty Bank has been accused of "redlining" in a federal lawsuit filed Thursday by the Connecticut Fair Housing Center and the National Consumer Law Center.

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The Connecticut Fair Housing Center and the National Consumer Law Center today filed a lawsuit in the U.S. District Court for the District of Connecticut against Liberty Bank, alleging that the bank has violated the Fair Housing Act by engaging in unlawful "redlining" of predominantly African-American and Latinx neighborhoods in the greater.

Harp Extension Bank Statement Loan Programs Liberty bank settles loan ‘redlining’ suit – Liberty Bank will also expand its community development loan program by $5 million over the next three years. to grow," Liberty President/CEO Chandler J. Howard said in a statement.

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Nonprofits File Federal Housing Lawsuit Against Liberty Bank.. a federal lawsuit last week accusing the bank of redlining.. to meet with a Liberty Bank loan officer in May 2017 at the 55.

Federal redlining enforcement has waned in recent years, but redlining risk has not disappeared. On October 4, two consumer advocacy groups, the National Fair Housing Alliance and the Connecticut Fair Housing Center, filed a law suit accusing a Connecticut-based bank of unlawful discrimination against minority homebuyers.