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Regulators studying Fleet loan practices
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Federal bank regulators are scrutinizing Fleet Financial Group
Inc.'s minority lending practices as the company seeks approval to
buy Shawmut National Corp.
The US Comptroller of the Currency, which has been vigilant in
pressuring Fleet to correct past charges of loan discrimination, is
conducting a full examination of Fleet's banks in Massachusetts,
Connecticut and Rhode Island. The exams are being done under the
Community Reinvestment Act and federal fair housing laws, which bar
d...
Related newspaper, magazine, and journal articles from HighBeam Research
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Report alleges Fleet made inflated loans
Bay State Banner
; Yawu Miller Bay State Banner 10-31-1996 Report alleges Fleet made inflated loans. Inside the Codman Square Health Center last Wednesday, activists Ada Focer and John Anderson held a press briefing on their 27-page report detailing allegations that Fleet Financial Group has routinely written
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Fleet confirms talks on excessive home fees Accused of charging overages to some minority customers
The Boston Globe
; Fleet Financial Group Inc. yesterday confirmed it is discussing a settlement with the US Department of Justice over concerns by regulators it charged excessive fees to minority borrowers. Fleet's discussions with the government were first disclosed in the Federal Reserve Board's approval in
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Fleet Financial Discussing Discrimination Settlement with Justice Department.(Originated from The Boston Globe)
Knight Ridder/Tribune Business News
; Apr. 4--Fleet Financial Group Inc. yesterday confirmed it is discussing a settlement with the U.S. Department of Justice over concerns by regulators it charged excessive fees to minority borrowers. Fleet's discussions with the government were first disclosed in the Federal Reserve Board's approval
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IN CODMAN SQUARE, A MOVE TOWARD UNITY
The Boston Globe
; In a sense, Codman Square in Dorchester is a tale of two cities. To its east are wide, tree-lined avenues of grand Victorian homes adorned with ornate wood carvings, bay windows and stained glass. Wellesley Park and Ashmont Hill are some of the names in this section, composed largely of upwardly
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A PROMISE NOT KEPT NEW DECADE BEGINS WITH CODMAN SQUARE STILL AWAITING A REBIRTH
The Boston Globe
; The 1980s began in Dorchester's Codman Square with the landmark Lithgow Building a boarded-up blight, the former Finast supermarket gutted and shuttered, and the mayor promising that the tattered neighborhood would soon be reborn to its old vibrancy. The 1980s are ending with the Lithgow Building a
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