Jan 13, 2023
Largest-ever settlement reached over mortgage redlining
Stefani Reynolds/AFP via Getty Images
Yesterday, the Department of Justice reached a settlement with the California-based City National Bank over accusations of mortgage "redlining" in Latino and Black neighborhoods in Los Angeles County. The settlement is the largest in U.S. history, clocking in at $31 million. The storm in California is helping the drought situation, but there's now talk of improving the state's stormwater storage system. And, the BBC's Ben Chu reports on the dire economic and political situation in Sri Lanka.
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Segments From this episode
California-based bank to pay $31 million in redlining lawsuit
Marketplace’s Nancy Marshall-Genzer explains.
Mario Tama/Getty Images
Sri Lanka's economy continues to languish
The BBC’s Ben Chu reports from the capital Colombo.
The team
David Brancaccio
Host
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Ariana Rosas
Producer
Jarrett Dang
Digital Producer (gone fishing)
Jesson Duller
Media Producer
Brian Allison
Technical Director
Nick Esposito
Media Producer
Katie Barnfield
Producer, BBC
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
