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Corporate People

Monthly Archives: March 2022

30 Mar
2022
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Effects of Trustmark Redlining

Effects of Trustmark Redlining Trustmark Bank, a $17 Billion bank in Memphis, Tennessee, agreed to pay a civil money penalty of $5 million to the CFPB and $4 million to the OCC as settlement in a redlining case.  This was …

Evelyn I. Dehmey

18 Mar
2022
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Appraisal Bias

Appraisal Bias An African American couple purchased a home and worked hard to fix it up.  They sought to refinance, and the bank ordered an appraisal.  Normal process, right?  Then comes the kicker.  A Caucasian appraiser valued the home at …

Evelyn I. Dehmey

07 Mar
2022
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What’s the Deal with Fees?

What’s the Deal with Fees? Recently, there seems to be a lot of chatter coming from regulators about fees. So, what’s up with that? It started with Overdraft Fees. In December 2021, the CFPB blogged that banks are deeply dependent …

Evelyn I. Dehmey