Diversity and equality
Diversity and equality
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Characterizing them as 'schemes' unfairly impugns a service that cash-strapped consumers value and have come to count on.
February 6 -
People should have the option of having their rent and utilities payment history reported to credit bureaus in order to build up their credit history.
February 1 -
The longtime Most Powerful Women in Banking honoree looks back on her 40-year career and the power of persistence.
January 29 -
January is Human Trafficking Prevention Month, and the financial services industry should take the opportunity to step up for survivors.
January 22 -
As part of a settlement with the Justice Department, Patriot Bank must invest more than $1 million of the total in a loan subsidy fund for minority homeowners and take other corrective steps in its everyday business. The bank denied any wrongdoing.
January 17 -
New federal standards for responsible lending should trigger a surge of new capital into underserved communities, as concerns about reputational risk are allayed.
January 15 -
The country's largest credit union is learning the hard way that failure to assure inclusivity in lending practices is a recipe for both financial and reputational damage.
January 10 -
After being undercapitalized for decades, some minority-led banks finally got large capital infusions in the wake of George Floyd's murder. But higher interest rates have made it harder for them to gather the deposits they need to boost lending substantially.
January 9 -
The lawsuit accuses Navy Federal of violating the Fair Housing Act and the Equal Credit Opportunity Act after a CNN report that the lender approved a lower percentage of Black and Latino mortgage applicants.
December 18 -
A Connecticut-based couple sued the bank and Cavanaugh Appraisals, LLC for denying them a refinance in 2021 because of racial bias.
December 14