DOJ Settles Redlining Lawsuit Against First Merchants Bank

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Last November, First Delaware reached a $15 million settlement with the Justice Department after the bank was. directly with the merchants. But as Zane David Memeger, the United States attorney in.

Last month, the United States Department of Justice ("DOJ" or the "Department") settled redlining claims against First Merchants Bank ("First.

If a city can recover damages by measuring a drop in property values and taxes, Chief Justice. national settlement. The bank did so without admitting or denying the claims. December 2013: The.

In a US Department of Justice lawsuit, Wells Fargo agreed to a $1.2 billion settlement and admitted responsibility. Since news of the the most recent case against Wells Fargo came out this week,

An indiana financial services holding company has settled a lawsuit alleging mortgage lenders intentionally avoided providing services to people living in predominantly african-american neighborhoods. The U.S. Department of Justice (DOJ) and the U.S. Attorney’s Office for the Southern District of Indiana filed a discrimination lawsuit against First Merchants Bank on June 13, alleging the.

– The Department of Justice (DOJ) and the U.S. Attorney’s Office for the Southern District of Indiana filed a complaint and a settlement agreement resolving allegations against First Merchants.

WASHINGTON, DC – The Department of Justice and the U.S. Attorney’s Office for the Southern District of Indiana today filed a complaint and settlement agreement, resolving allegations that First Merchants Bank engaged in lending discrimination by "redlining" predominantly African-American neighborhoods within Indianapolis, Indiana.

An Obama-era fair-lending lawsuit against a Midwestern bank, which was filed shortly before President Trump’s inauguration, was settled this week by the Department of Justice. The government’s fair-lending suit, alleging redlining by Minnesota’s KleinBank, was unusual in that the bank publicly.

The U.S. Department of Justice’s recent fair lending settlement with First Merchants Bank is the first neighborhood-discrimination – or so-called redlining – matter initiated and settled.

Law360, Wilmington (October 25, 2013, 9:33 PM EDT) — A First Bank of Delaware. dissolve, the lawsuit states. “The conclusions of the FDIC and State Banking Commission of Delaware, as well as the.