Bank faces allegations of racial bias with 'housing discriminati - Action News 5 - Memphis, Tennessee

Bank faces allegations of racial bias with 'housing discrimination'

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A photo of a home, which Deutsche Bank owns, on Tutwiler Avenue in Memphis shows trash in the front yard, a boarded up window in the back, and an unkept lawn. It is also in a predominately African-American neighborhood. A photo of a home, which Deutsche Bank owns, on Tutwiler Avenue in Memphis shows trash in the front yard, a boarded up window in the back, and an unkept lawn. It is also in a predominately African-American neighborhood.
Photos of another home owned by the bank, located in Arlington, Tenn. on Ewe Turn Cove, shows it is better maintained, with clean cut grass, and is predominately in a white neighborhood. Photos of another home owned by the bank, located in Arlington, Tenn. on Ewe Turn Cove, shows it is better maintained, with clean cut grass, and is predominately in a white neighborhood.
MEMPHIS, TN -

(WMC-TV) - A bank faces allegations of racial bias. The National Fair Housing Alliance plans to file a complaint, which will accuse the bank of marketing and maintaining houses in white communities with more attention than those in African-American communities.

A photo of a home, which Deutsche Bank owns, on Tutwiler Avenue in Memphis shows trash in the front yard, a boarded up window in the back, and an unkept lawn. It is also in a predominately African-American neighborhood.

Photos of another home owned by the bank, located in Arlington, Tenn. on Ewe Turn Cove, shows it is better maintained, with clean cut grass, and is predominately in a white neighborhood.

The National Fair Housing Alliance says those photos demonstrate one example of Deutsche Bank's discrimination.

"Police and fire protection in these cities is being overtaxed because of the bank's failure to maintain these homes," said Shanna Smith, National Fair Housing Alliance.

Deutsche Bank owns 21 properties in the Memphis area, with 15 of them in predominately African-American neighborhoods.

The alliance insists the bank allowed homes in those neighborhoods to suffer, while the homes in the other communities were kept up for better resale opportunities.

It's clear that Deutsche Bank quality control measures are horrible," said Smith.

A statement about the discrimination accusations sent to Action News 5 from Deutsche Bank says:

"Deutsche Bank as trustee does not engage in any of the activities alleged in the complaint. Loan servicing companies, and not Deutsche Bank as trustee, are solely responsible for the maintenance, marketing and resale of foreclosed properties. Deutsche Bank as trustee does not select, hire or compensate the loan servicers, nor does it have any role in, or oversight over, the actions the servicers take in connection with foreclosed properties."

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