The opportunity cost of modern-day redlining
Housing Wire
APRIL 9, 2024
Modern-day redlining persists, and it’s costing lenders millions in legal fees. Right now, the market is facing a unique alignment of regulatory focus, community need, and opportunity. From 2020 to 2030, the Urban Institute projects 8.5 Last October, Ameris Bank had to pay $9 million to settle a redlining case.
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