Allegations that were made in a government lawsuit alleging a Minnesota bank engaged in redlining are being vigorously disputed by the 110-year-old organization.
On Friday, the Justice Department announced that it filed a complaint in U.S. District Court for the District of Minnesota against Chaska, Minnesota-based KleinBank.
The company is accused of treating white customers better than it treats prospects in Minneapolis-St. Paul neighborhoods where a majority of people are minorities.
Source: Mortgage Daily
