Bank Enters Into Consent Order Over Alleged Mortgage Redlining Activities

Mealey's (March 1, 2023, 1:44 PM EST) -- COLUMBUS, Ohio — A mortgage lender accused of violating the Fair Housing Act (FHA) and the Equal Credit Opportunity Act (ECOA) by engaging in unlawful redlining through its allegedly discriminatory lending practices in majority Black and Hispanic census tracts in the Columbus, Ohio, Metropolitan Statistical Area (Columbus MSA) has agreed to undertake certain remedial efforts and make investments into its minority lending programs, according to a consent order filed in Ohio federal court on Feb. 28....

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