Credit: sommart/Adobe Stock Mortgage Lender Reaches $20M Settlement With State and Federal Officials to Resolve Redlining Claims
The agreement resolves claims that Trident, which was in business until December 2020, focused its pursuit of mortgage lending more on areas found by census data to be predominantly white than on majority-minority areas.
July 27, 2022 at 05:39 PM
2 minute read
Consumer Protection
A mortgage lender has agreed to a $20 million settlement to resolve claims of redlining in the greater Philadelphia area.
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