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A New Jersey Bank Just Got Hit With a Federal Consent Order For Discriminating Against Black Homebuyers

Por: The Root Crime September 29, 2022

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The Justice Department announced a proposed consent order with mortgage lender Lakeland Bank over alleged discriminatory practices that authorities say excluded potentially thousands of Black and Hispanic homebuyers in the Newark, N.J., area from obtaining mortgages.nnA DOJ investigation found that between 2015 and 2021, Lakeland engaged in the discriminatory practice known as redlining in three of the most diverse counties in north New... + full article



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