State of New York accuses Evans Bank of redlining

New York AG accuses Evans Bank of redlining Posted on September 2, 2014 | Leave a comment Drawn in thick marker along the map of upstate New York, the line snaked down the Niagara River and zigzagged east to outline a swath of Buffalo and its surrounding neighborhoods.

Oakland is accusing wells fargo bank of systematic predatory lending. including a recent case in New York, and a case settled in 2001 in Michigan. The number of these redlining cases is growing..

New York’s Evans Bank accused of denying loans to African-Americans. The lawsuit accuses Evans Bank of using redlining practices in violation of the Fair Housing Act, a federal law, since at least 2009. It calls for a jury trial, and for the court to order the bank to change its practices and pay a fine.

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New York Accuses Evans Bank of Redlining [NYTimes.com] Samantha Sangenito ACEs Connection Staff 9/3/14 4:00 AM Drawn in thick marker along the map of upstate New York, the line snaked down the Niagara River and zigzagged east to outline a swath of Buffalo and its surrounding neighborhoods.

A bank refused to offer mortgages to African-Americans living in Buffalo, New York’s attorney general said in a lawsuit that he said was part of a wider investigation into an illegal practice known as.

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The settlement concludes a year-long litigation, commenced by the Attorney General against Evans in the U.S. District Court for the Western District of New York, alleging that Evans had systematically denied its mortgages and services to African-Americans in the Buffalo metro area.

New York Accuses Evans Bank of Redlining [NYTimes.com] Samantha Sangenito ACEs Connection Staff 9/3/14 4:00 AM Drawn in thick marker along the map of upstate New York, the line snaked down the Niagara River and zigzagged east to outline a swath of Buffalo and its surrounding neighborhoods.

Will Americans move to rural areas to find affordable housing? Well, more than 61 million Americans live, work and raise families in rural areas. Though the pace of life and geography may differ from the cities and suburbs, families in rural areas share hopes and dreams similar to their "Big City" America counterparts, like affordable, sustainable homeownership.

The bank, accused of redlining, or denying mortgage loans to predominantly African-American neighborhoods in Buffalo, New York, has agreed to establish an $825,000 settlement fund to promote.