U.S. Supreme Court declines to review reverse-redlining lawsuit
By ABA Banking Journal Staff
AI Summary
• The U.S. Supreme Court declined to review a Second Circuit decision affirming a New York federal court judgment against Emigrant Mortgage Company Inc., which was found guilty of reverse redlining.
• This case involved compensatory damages awarded to four homeowners who were victims of discriminatory lending practices.
Texas Relevance
The article does not mention Texas, TCUD, or any Texas-specific entities. The case is in New York and involves a national mortgage company.
Original Content
The U.S. Supreme Court declined to review a Second Circuit decision affirming a New York federal court judgment that awarded compensatory damages to four homeowners after determining Emigrant Mortgage Company Inc. engaged in “reverse redlining.” The post U.S. Supreme Court declines to review reverse-redlining lawsuit appeared first on ABA Banking Journal .