Monday, January 16, 2023

L.A. '' City National Bank Refused to underwrite mortgages in predominately Black and Latino communities,

"The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to underwrite mortgages in predominately Black and Latino communities, requiring the bank to pay more than $31 million in the largest redlining settlement in department history..."

https://fortune.com/2023/01/12/biggest-redlining-settlement-doj-history-31-million-city-national-bank-los-angeles-california/