CFPB, DOJ file discriminatory lending complaint against National City Bank

CFPB, DOJ file discriminatory lending complaint against National City Bank

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 · The CFPB and Department of Justice slapped National City Bank – a firm bought by PNC – with a lending discrimination complaint, claiming.

The Consumer Financial Protection Bureau and the Department of Justice filed a complaint against Provident. race and national origin and not based on their credit risk. Between 2006 and 2011,

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Back in June 2012, the CFPB launched its Consumer Complaint Database for concerns over mortgages, bank accounts, credit cards, debt collection and more. Complaints include basic, anonymous, individual.

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The CFPB and the Department of Justice filed a joint complaint against National City Bank for charging higher prices on mortgage loans to African-American and Hispanic borrowers. Related documents. Consent Order. Complaint. Press release. CFPB and DOJ Take Action Against National City Bank for Discriminatory Mortgage Pricing

United States Department of Justice announced a $1.59 million settlement its.. Federal court: Wells Fargo must face Oakland s mortgage discrimination lawsuit.. Bureau (CFPB) issues a new rule that will make it easier for consumers to file or.. CONSUMER FINANCIAL PROTECTION BUREAU ORDERS CITIBANK TO .

Plaintiffs Consumer Financial Protection Bureau (“CFPB”) and the United States of America (“Department of Justice” or “DOJ”) bring this action to remedy discrimination by National City Bank against approximately 76,000 African-American and Hispanic residential mortgage borrowers between 2002.

 · The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) teamed up Monday to file a compliant against National City Bank and its successor PNC Bank, alleging the institution overcharged minority borrowers on mortgage loans between 2002 and 2008. The federal agencies filed their joint complaint, which requires National City Bank, through its [.]

 · The DOJ also alleges that National City violated the Fair Housing Act, which similarly prohibits discrimination in residential mortgage lending. The CFPB and DOJ’s joint investigation began in 2011. The agencies allege that National City Bank’s discretionary pricing and compensation policies caused the discriminatory pricing differences.

Countrywide VIP mortgage program investigation goes dark The Department of Justice today filed its largest residential fair lending settlement in history to resolve allegations that Countrywide Financial Corporation and its subsidiaries engaged in a widespread pattern or practice of discrimination against qualified African-American and Hispanic borrowers in their mortgage lending from 2004 through 2008.

 · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) filed a joint complaint against National City Bank for charging higher prices on mortgage loans to African-American and Hispanic borrowers than similarly creditworthy white borrowers between the years 2002 and 2008. The agencies also.

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