A $722,000 jury award for reverse redlining stands after the Supreme Court declined Emigrant Bank’s appeal in a NYC mortgage ...
The high court, without comment, refused Emigrant Mortgage's appeal of a verdict holding it liable for no income, no asset verification loans to minorities.
On September 13, 2024, the United States District Court for the Southern District of Texas granted in part and denied in part the defendants’ motion to dismiss in CFPB v. Colony Ridge, Case No.
On February 14, a divided Second Circuit panel upheld a 2016 jury verdict which found that a mortgage lender violated, among other laws, the Equal Credit Opportunity Act (“ECOA”) by engaging in ...
In a matter of first impression, the Commonwealth Court has held that the state's civil rights law extends to a mortgage broker's alleged predatory lending activities – so-called "reverse redlining." ...
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