HUD and Associated Bank Reach Historic $200 Million Settlement of ‘Redlining’ Claim

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WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with Associated Bank, N.A. (Associated) to resolve a disparate treatment redlining case, one of the largest redlining complaints brought by the federal government against a mortgage lender. At approximately $200 million, it is the largest settlement of this kind HUD has ever reached.

Vía HUD Press Releases http://ift.tt/1FXWA8P