A Mississippi-based bank will pay $10.6 million for discriminatory lending practices.
"This week the Department of Justice and the Consumer Financial Protection Bureau fined a Mississippi bank $10.6 million, alleging BancorpSouth’s lending practices in Memphis deliberately discriminated against minorities," according to an article by Jen Kinney.
Kinney shares news first reported by the Associated Press, which also provides details of the fine. Consumer Financial Protection Bureau Director Richard Cordray released a statement describing BancorpSouth's discriminatory practices:
BancorpSouth’s discrimination throughout the mortgage lending process harmed the people who were overcharged or denied their dream of home ownership based on their race, and it harmed the Memphis minority neighborhoods that were redlined and denied equal access to affordable credit…
FULL STORY: Bank Fined $10.6 Million for Discrimination in Memphis
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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City of Albany
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research