‘Redlining Is Racist’: $12 Million Settlement Ends Lending Inquiry

Lakeland Bank in New Jersey admitted no wrongdoing, but agreed to set up a $12 million homeownership fund and open two new branches in minority neighborhoods.

from Lakeland Bank in New Jersey admitted no wrongdoing, but agreed to set up a $12 million homeownership fund and open two new branches in minority neighborhoods. NYT > Top Stories https://ift.tt/i74ChfL

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