BIRMINGHAM, Ala. (AP) -- A mortgage company accused of engaging in a pattern of lending discrimination by redlining predominantly Black neighborhoods in Alabama has agreed to pay $8 million plus a ...

Our region’s segregation is not just in the past. In Milwaukee, racial segregation is continually re-created and reinforced ...

Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators’ allegations of mortgage ...

Black History Month is an annual time to acknowledge the contributions of Black people in America, as well as the injustices done to them. While we reflect upon this year after year each February, ...

Text Callout : Key Takeaways - What Is Lending Discrimination? Denying loans or treating applicants unfairly based on personal characteristics like race, gender or national origin should be a thing of ...

For the last two years, the federal regulatory agencies have been waging a war on redlining by mortgage lenders — a war that shows no signs of abating. At a fair lending conference in November, two ...

The Justice Department has secured $122 million from a dozen banks and mortgage companies in redlining cases since Attorney General Merrick Garland announced the agency's Combat Redlining Initiative ...

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad ...

Richard Andreano Jr., John Culhane Jr. The CFPB has taken action against the Draper & Kramer Mortgage Corp. (DKMC) based on allegations of discriminatory lending activities that, according to the CFPB ...

Fairway to pay a $1.9 million penalty and provide $7 million in loan subsidies Fairway Independent Mortgage Corp. (Fairway) settled yesterday with the Consumer Financial Protection Bureau (CFPB) and ...