For Immediate Release,
November 18, 2014,
by the National Fair Housing Alliance,
U.S. Bank Accused of Racial Discrimination in Five More Cities
Civil Rights Groups Amend Federal Complaint over Neglected Foreclosures, Adding Data from Cleveland, Columbus, Grand Rapids, Kansas City, Minneapolis and Muskegon
WASHINGTON, D.C. — Today, the National Fair Housing Alliance (NFHA) and three of its member organizations announced new evidence of housing discrimination by Minneapolis-based U.S. Bank as part of an ongoing national investigation into the neglect of bank-owned foreclosures in communities of color. The civil rights groups allege that U.S. Bank fails to maintain and market its foreclosures (also known as real estate owned or REO properties) in African-American and Latino neighborhoods to the same standard as in White neighborhoods, a practice that violates the federal Fair Housing Act. Today, NFHA and its partners are adding 162 REO investigations to the complaint, bringing the total number of U.S. Bank REOs investigated to 651 in 24 metropolitan areas.
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