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,
Coalition Calls for Federal Investigation into OneWest Bank Foreclosures
June 11, 2015 by
New research has confirmed OneWest foreclosures are concentrated in ethnic minority communities, especially Afro-Carribeans, raising concerns about fair lending.
