Wisconsin-based Fairway Independent Mortgage Corporation will pay $9.9 million to settle a federal complaint about its ...
Legal protections against mortgage lending discrimination The Fair Housing Act was created to prevent discrimination at all steps in the housing process and applies to those buying a home or ...
Citadel Federal Credit Union's $6.5 million deal with the Justice Department settles allegations of discriminatory lending ...
(Part of the judge's reasoning was that a diverse workforce, while “undisputably crucial” to a major bank, “is not precedentially mission critical to its operations like fair lending ...
This month’s issue of Mortgage Banker Magazine explores how a data-driven theory of redlining undermines fair lending enforcement, strategies and loan programs, and pending legislation that puts ...
The payout will go toward bolstering outreach and lending in the specified communities. The case draws renewed attention to redlining, which was prohibited by the Fair Housing Act of 1968 but ...
"America's Credit Unions is unequivocally opposed to redlining, and any other discrimination in lending. Fair and equitable access to financial services is one of the many things that set credit ...
Redlining is an illegal practice by which lenders avoid providing credit services to individuals living in communities of ...
On October 10, the U.S. Department of Justice (DOJ) announced a landmark redlining settlement with Citadel Federal Credit Union (Citadel), marking ...
National Credit Union Administration Chairman Todd M. Harper released the following statement today on the U.S. Department of Justice’s settlement with ...