The Ohio bank’s $9 million pledge to promote ownership in Black and Hispanic neighborhoods is the sixth since the DOJ launched an initiative to combat redlining in October 2021, with lawsuits generating $84 million in relief to date.
Source: Inman News
Park National Bank latest lender to settle federal redlining charges
Published in department of justice, Equal Credit Opportunity Act, Fair Housing Act, Kristen Clarke, Mortgage, Park National Bank, PNB, redlining, Regulations and Select
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