Attorney general accuses Evans Bank of ‘redlining’ black neighborhoods. We will not tolerate racial discrimination in the state of New York," Schneiderman said at a news conference in Buffalo.
Regional New York bank Evans Bancorp was accused of illegally discriminating against African-Americans in Buffalo by denying them mortgages in a lawsuit filed by the state’s attorney general on.
· NEW YORK (9/15/15)–The State of New York announced last week that it has reached settlement with Evans Bank over allegations that the buffalo-area bank unlawfully discriminated against African Americans when considering mortgage applications, a practice also known as redlining (Housingwire.com Sept. 10). The lawsuit filed by the state last year accused Evans of allegedly.
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"We believe that the allegations being made by the New York state attorney general are unfounded and without substance, and we will vigorously defend this complaint through the legal system," David J. Nasca, president and chief executive of Evans Bank, said in a statement, adding that he was "disappointed" to learn about the pending action.
But there could be a reckoning in New Jersey’s second-largest city. The matter has even drawn in one of the state’s best.
The State of New York has filed suit against Evans Bank (EVBN), claiming that the bank "systematically denied its mortgages and services to African-Americans in the Buffalo metro area," in a.
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New York Accuses Evans Bank of Redlining. The Compliance Exchange September 2, 2014 Uncategorized No Comments. 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..
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· The lawsuit against Evans (NASDAQ: EVBN) is part on an ongoing investigation by attorney general eric Schneiderman into the practice of redlining’ at banks throughout New York state.
Sept. 02- The State Attorney General’s Office is suing Evans Bancorp, accusing Evans Bank’s parent company of redlining on Buffalo’s. NEW YORK (Reuters) – Regional New York bank Evans Bancorp was accused of illegally discriminating. of their creditworthiness in a practice known as redlining. eric schneiderman , the state’s.
Fitch Warns on Option ARMs; High Defaults Await · Feb 7, 2007 – – The Committee will please come to order. Today’s hearing is entitled Preserving the American Dream: Predatory Lending Practices and Home Foreclosures. This hearing is.