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The Nexus
POLITICSApr 9 · 17:00 UTCPROPUBLICAZach Despart

“A Slap in the Face”: Trump’s DOJ Plans to Settle Predatory Lending Case Without Compensating Victims

The U.S. Justice Department proposed a $68 million settlement for a predatory lending case against Texas developer Colony Ridge, but the agreement offers no compensation to victims instead allocating funds for policing and immigration enforcement. Critics, including former officials, condemned the deal as a failure to address harm to Hispanic residents targeted by discriminatory lending practices.

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