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DOJ announces settlement of redlining lawsuit
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DEI, Government Oversight
Tuesday, November 1, 2022
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The Department of Justice (DOJ) announced another settlement agreement and consent order to resolve allegations of lending discrimination (“redlining”) by Newark, N.J.-based Lakeland Bank. This resolution is part of DOJ’s nationwide “Combating Redlining Initiative” and is its third-largest redlining settlement in history.
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