Posts tagged "discriminatory lending"

Lisa Madigan credits Reporter with initiating largest discriminatory lending settlements in U.S. history

Lisa Madigan credits Reporter with initiating largest discriminatory lending settlements in U.S. history
Journalism that is having its rightful impact. That’s what Illinois Attorney General Lisa Madigan called the work of The Chicago Reporter Thursday evening when she gave the publication credit for initiating the largest discriminatory lending settlements in the history of the United States. In a series of investigative stories, the Reporter uncovered that Countrywide Home... Read more »

Chicago Reporter's investigation leads to $175 million settlement with Wells Fargo for discriminatory lending practices

Chicago Reporter's investigation leads to $175 million settlement with Wells Fargo for discriminatory lending practices
It all started with our investigation. Back in 2007, The Chicago Reporter wrote a story about  discriminatory lending practices in Chicago. High-cost loans were being doled out in the city’s minority neighborhoods. Was it just coincidence, or were banks targeting communities of color for these expensive and complicated loans? Today, Illinois attorney general Lisa Madigan... Read more »

Attorney general on discriminatory lending and The Chicago Reporter investigation

Illinois Attorney General Lisa Madigan joined The Chicago Reporter in North Lawndale for Vocalo’s Barbershop show to discuss the nation’s biggest discriminatory lending settlement and the Reporter investigation that spurred it. Efforts to modify people’s loans, keep them in their homes and keep the banks accountable continue, Madigan said, but “justice has not been served”... Read more »
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