HUD and DOJ Secure More Than $15 Million Redlining Settlement From OceanFirst Bank to Address Lending Discrimination Allegations
September 18, 2024
September 18, 2024
WASHINGTON, Sept. 18 -- The Department of Housing and Urban Development issued the following news release:
The U.S. Department of Housing and Urban Development (HUD) announced today the approval of a Conciliation Agreement with OceanFirst Bank, a bank headquartered in Toms River, New Jersey. This Agreement resolves a Secretary-initiated complaint against OceanFirst alleging that the bank engaged in redlining by restricting access to credit and mortgage lending services in majority-B . . .
The U.S. Department of Housing and Urban Development (HUD) announced today the approval of a Conciliation Agreement with OceanFirst Bank, a bank headquartered in Toms River, New Jersey. This Agreement resolves a Secretary-initiated complaint against OceanFirst alleging that the bank engaged in redlining by restricting access to credit and mortgage lending services in majority-B . . .