Justice Department announces settlement to resolve lending discrimination claims against Evolve Bank and Trust
CFPB Monitor
OCTOBER 13, 2022
Headquartered in Memphis, Tennessee, Evolve Bank maintains mortgage lending offices and provides mortgage lending services in 15 states. Pursuant to the settlement, Evolve Bank must establish a settlement fund of $1.3 million to compensate affected borrowers, and must also pay a $50,000 civil penalty.
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