February 24 2026

Plenty of Reasons to Worry About Hudson City Redlining Action

Besides coming in at a cool $27 million, the largest redlining settlement in history to provide direct subsidies, the Hudson City Savings Bank settlement with the Department of Justice and the CFPB offers other reasons to worry as well. There are more redlining investigations underway. The DOJ isn't sure if the increases are because there are more violations happening now or because redlining investigations have become a priority focus. [9/25/15]