Justice Department, Consumer Financial Protection Bureau, and Three State Attorneys General Reach

DE 2022 Community Banks / Credit Unions

DOJ Redlining

Penalty

$20 million

Outcome

Justice Department, Consumer Financial Protection Bureau, and Three State Attorneys General Reach Settlements With Trident Mortgage Company To Resolve Lending Discrimination Claims

Details

Justice Department, Consumer Financial Protection Bureau, and Three State Attorneys General Reach — DOJ Enforcement (2022)

Outcome: Justice Department, Consumer Financial Protection Bureau, and Three State Attorneys General Reach Settlements With Trident Mortgage Company To Resolve Lending Discrimination Claims

How Crucible Prevents This

Crucible's fair lending compliance module monitors geographic lending patterns and flags statistical disparities before they become enforcement targets.

Source: DOJ Press Release — Justice Department, Consumer Financial Protection Bureau, and Three State Attorneys General Reach Settlements With Trident Mortgage Company To Resolve

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