US mortgage lender to pay $20m in redlining case
Prosecutors say staff at the company exchanged racist emails and dubbed minority communities “ghetto”. …
“Redlining is not a problem from a bygone era,” said Assistant Attorney General Kristen Clarke. “Trident’s unlawful redlining activity denied communities of colour equal access to residential mortgages, stripped them of the opportunity to build wealth, and devalued properties in their neighbourhoods.”
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