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ARTICLE · 19 JUNE 2025

More Early Terminations Of Redlining Consent Orders

Ballard Spahr LLP
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As previously reported, based on an unopposed motion submitted by the Department of Justice (DOJ) and Consumer Financial Protection Bureau (CFPB) the October 2021 redlining consent order...

United StatesFinance and Banking
Richard J. Andreano, Jr.
Richard J. Andreano, Jr.
John L. Culhane, Jr.
John L. Culhane, Jr.
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As previously reported, based on an unopposed motion submitted by the Department of Justice (DOJ) and Consumer Financial Protection Bureau (CFPB) the October 2021 redlining consent order with Trustmark National Bank was terminated early, and the DOJ is seeking early termination of the September 2022 consent order with Lakeland Bank. The Lakeland Bank motion for early termination is being opposed by the Housing Equality Center of Pennsylvania, the National Fair Housing Alliance, and the New Jersey Citizen Action Education Fund.

Also, while the CFPB sought court approval to rescind the November 2024 redlining consent order with Townstone Financial, the court denied the motion.

The DOJ also has sought, and obtained court approval, for the early terminations of the following redlining consent orders:

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