Search for: "Neighborhood Lending Services"
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15 Mar 2024, 9:40 am
Across the country, service oriented amenities such as housekeeping, valet dry [read post]
26 Feb 2024, 3:15 am
Lend a helping hand. [read post]
9 Jan 2024, 12:06 pm
Our caucus has a lot to offer, and we will continue to lend our voices to the process as we want to be part of the solution to the many issues that face our state. [read post]
2 Jan 2024, 1:10 pm
CRA was implemented to ensure that banking institutions meet the needs of borrowers, markedly those in low and moderate income neighborhoods. [read post]
29 Nov 2023, 6:45 am
The new regulation will lead to a more granular assessment of whether banks truly meet the credit needs of all applicants in their service area. [read post]
31 Oct 2023, 2:00 am
BANK ENGAGED IN “REDLINING” AND AVOIDED RHODE ISLAND COMMUNITIES OF COLORAccording to a press release issued by the Justice Department in late September, Washington Trust Company, the nation’s oldest community bank, has agreed to settle a lending discrimination claim for $9 million.Apparently, the bank allegedly engaged in “redlining” -- i.e., avoided providing credit to people living in Rhode Island's Black and Hispanic neighborhoods – in… [read post]
24 Oct 2023, 4:58 am
White sand beaches with calm, crystal-clear waters lend this port city a relaxed, coastal, and authentically Caribbean feeling. [read post]
31 Aug 2023, 10:41 am
In its complaint, the DOJ alleged that from 2017 through at least 2021: All of ABOK’s branches and loan production offices were located in majority-white neighborhoods; For purposes of the CRA, ABOK designated its Tulsa Metropolitan Services Area (MSA) to exclude all of the majority-Black and Hispanic-census tracts in the MSA; ABOK did not assign a single loan officer to conduct outreach in majority-Black and Hispanic areas and did not market, advertise, or take… [read post]
22 Aug 2023, 9:00 pm
Substantial rises in interest rates have dampened investor appetites for commercial real estate buying and lending. [read post]
4 Aug 2023, 10:14 am
But IP, including TM, are not viewed by banking sector as the type of corporate assets on which they can rely for lending. [read post]
26 Jun 2023, 9:01 pm
Sixty years ago, the Supreme Court handed down its decision in United States v. [read post]
10 Apr 2023, 9:05 pm
These assessments would test for equity in lending across four areas: retail lending, retail services and products, community development financing, and community development services. [read post]
14 Mar 2023, 11:00 am
One-story homes, houses in senior neighborhoods, and homes with easy access to services are generally the way to go. [read post]
13 Jan 2023, 8:03 am
The DOJ alleges that between 2017 and 2020, the bank refrained from “providing mortgage lending services to majority-Black and Hispanic neighborhoods in Los Angeles County and discouraged residents in these neighborhoods from obtaining mortgage loans. [read post]
24 Nov 2022, 8:00 am
These houses are far from the beach and might not be in the best neighborhoods. [read post]
3 Oct 2022, 10:14 am
Those services were not available in majority-Black and Hispanic neighborhoods in the Newark Lending Area.During the relevant time period, Lakeland relied almost entirely on mortgage loan officers, all but one of whom were assigned offices in branches in majority-white neighborhoods, to develop referral sources, conduct outreach to potential customers, and distribute mortgage lending marketing materials.Lakeland took no meaningful steps to… [read post]
3 Oct 2022, 7:20 am
After the adoption of the 2020 rule, the National Community Reinvestment Coalition, Montana Fair Housing, Texas Low Income Housing Information Service, Empire Justice Center, the Association for Neighborhood & Housing Development, and the City of Toledo, Ohio, filed a lawsuit challenging the changes to the closed-end loan and open-end line of credit reporting thresholds. [read post]
25 Jul 2022, 4:10 am
Former Wells Fargo Advisors Senior Vice President Moves Federal Court to Undo 2017 FINRA Settlement (BrokeAndBroker.com Blog)Justice Department and Consumer Financial Protection Bureau Secure Agreement with Trident Mortgage Company to Resolve Lending Discrimination Claims / Settlement Provides Over $20 Million to Increase Credit Opportunities in Neighborhoods of Color / First Redlining Settlement Against Mortgage Company; Second Largest Redlining Settlement in Justice Department… [read post]
16 Jun 2022, 12:22 pm
People can and often do behave in ways that are altruistic or in the service of others, even at a cost to themselves. [read post]
30 May 2022, 9:04 pm
Products and services such as BDCI are precisely the type of activity necessary to begin repairing deeply embedded racial inequities, and CDFIs are currently leading the financial services industry to demonstrate the value and impact of such programs. [read post]
