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CFPB, other agencies file action against Trustmark National Bank
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Case Law, Consumer Protection
Monday, October 25, 2021
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The Consumer Financial Protection Bureau (CFPB), U.S. Department of Justice (DOJ), and the Office of the Comptroller of the Currency have filed an action against Trustmark National Bank for alleged discrimination against Black and Hispanic families.
The CFPB and DOJ allege the bank discriminated by deliberately not marketing, offering, or originating home loans to consumers in majority-Black and Hispanic neighborhoods in the Memphis metropolitan area.
For more details about the action, read on.
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