BancorpSouth Illegally Denied African-American Consumers Fair and Equal Access to Mortgages
WASHINGTON, D.C. –(ENEWSPF)–June 29, 2016. Today, the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) announced a joint action against BancorpSouth Bank for discriminatory mortgage lending practices that harmed African Americans and other minorities. The complaint filed by the CFPB and DOJ alleges that BancorpSouth engaged in numerous discriminatory practices, including illegally redlining in Memphis; denying certain African Americans mortgage…
