California Reinvestment Coalition Negotiates $8 Billion Reinvestment Plan

The California Reinvestment Coalition announced today they have negotiated a Community Reinvestment Plan with BBCN and Wilshire Banks as part of their merger, providing $8.1 billion of loans, investments and financial services in historically marginalized communities across the bank’s branch footprint in California. The plan, developed in partnership with the banks and local community-based organizations,

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Coalition Calls for Federal Investigation into OneWest Bank Foreclosures

New research has confirmed OneWest foreclosures are concentrated in ethnic minority communities, especially Afro-Carribeans, raising concerns about fair lending.

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