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Fairness in lending was improved by the Home Mortgage Disclosure Act, passed in 1975. It requires banks to disclose their lending practices in the communities they serve. In the 1970s, the private sector fight against mortgage discrimination began to be led by community development banks, such as ShoreBank in Chicago. [9]
By Christine DiGangi A California-based mortgage lender will pay $48,000 to settle allegations it denied or ... and sex-based discrimination violates the Fair Housing Act. ... issues home loans ...
Public Law 94-200, 94th Congress, S. 1281: An Act to extend the authority for the flexible regulation of interest rates on deposits and share accounts in depository institutions, to extend the National Commission on Electronic Fund Transfers, and to provide for home mortgage disclosure. [Home Mortgage Disclosure Act]
“The Fair Housing Act made it illegal for women to be discriminated against when buying a home and securing a mortgage,” says Miloney Thakrar, founder and principal at Mind the Gender Gap, Inc ...
The Equal Credit Opportunity Act of 1974 and Community Reinvestment Act of 1977 helped with discrimination in mortgage lending and lenders' problems with credit needs. [20] The Fair Housing Amendments Act of 1988 was passed to give the federal government the power to enforce the original Fair Housing Act to correct past problems with ...
NEW YORK (AP) — The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to The post Bank to pay $31M in mortgage discrimination settlement ...
Anti-Discrimination Act of 1945; CROWN Act (2022; only for public education) Arkansas CROWN Act (2023, only for public education) California: California Constitution, Article I, §8 (1879) California Fair Employment and Housing Act [8] Unruh Civil Rights Act; California Voting Rights Act; CROWN Act (2019) Colorado Colorado Constitution, Article ...
The filings, with the California Civil Rights Department, were based on an undercover investigation. Housing nonprofit alleges widespread discrimination against Section 8 tenants in California ...