DOJ Announces Two More Multi-Million Dollar Redlining Settlements, States Two Dozen More Active Investigations Underway
Troutman Sanders
OCTOBER 20, 2023
Department of Justice (DOJ) reached two more settlements with lenders under its Combatting Redlining Initiative, which began in October 2021. The DOJ alleged that, from 2016 through 2021, Washington Trust never opened a branch in a majority-Black and Hispanic neighborhood despite expansion efforts across the state of Rhode Island.
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