
The U.S. Department of Housing and Urban Development announced a $1.9 million settlement with Memphis-based First Tennessee Bank, resolving allegations that the bank discriminated against African-American and Hispanic applicants by denying them mortgage loans and by allegedly failing to place bank branches in minority-concentrated areas. For more info visit https://portal.hud.gov/hudportal/HUD?src=/press/press_releases_media_advisories/2016/HUDNo_16-009