The Justice Department’s Civil Rights Division, U.S. Attorney’s Office for the District of New Jersey and Department of Housing and Urban Development (HUD) announced today that OceanFirst Bank, N.A. has agreed to pay over $15 million to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black, Hispanic and Asian neighborhoods in Middlesex, Monmouth, and Ocean Counties in New Jersey. Redlining is an illegal practice in which lenders avoid providing credit services to individuals living in communities of color because of the race, color or national origin of residents in those communities. Read More
Home » Justice Department and Department of Housing and Urban Development Secure Over $15M from OceanFirst Bank to Resolve Redlining Claims in New Jersey
Justice Department and Department of Housing and Urban Development Secure Over $15M from OceanFirst Bank to Resolve Redlining Claims in New Jersey
Related Posts
Former Maury County, Tennessee, Corrections Officer Sentenced for
A former corrections officer of the Maury County, Tennessee, Jail was sentenced yesterday in federal court in Nashville, Tennessee, to 60 months in prison and… BronFormer Maury County, Tennessee, Corrections Officer Sentenced for
Sixteen Cardiology Practices to Pay a Total of $17.7M to Resolve False
Sixteen separate cardiology practices and associated physicians, located across 12 states, have agreed to pay amounts totaling $17,761,564 to resolve allegations that they each violated… BronSixteen Cardiology Practices to Pay a Total of $17.7M to Resolve False
United States Joins Lawsuit Against Former Executives of Kabbage Inc.
The United States has intervened and filed a complaint against Robert Frohwein, Kathryn Petralia and Spencer Robinson, three former executives of Kabbage Inc., a now-bankrupt… BronUnited States Joins Lawsuit Against Former Executives of Kabbage Inc.