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Navy Federal described Adegbile’s analysis as an “external review,” but his law firm, WilmerHale, is also defending Navy Federal in a class-action lawsuit from Black and Latino borrowers who ...
Navy Federal is also facing two class-action lawsuits from Black borrowers who were denied loans and are accusing the lender of racial discrimination. Both of the lawsuits cite CNN’s reporting ...
The U.S. Justice Department and a New Jersey bank have struck a $13 million settlement in a mortgage discrimination complaint […] The post Justice Department, NJ bank reach $13M settlement in ...
Several class action mortgage discrimination claims have been filed against lenders across the country, alleging that those lenders disproportionately targeted minorities for high cost, high risk subprime lending, which has resulted in disproportionately higher rates of default and foreclosure for minority African American and Hispanic borrowers.
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 ...
Women's mortgage applications cannot be denied because they are pregnant or on maternity leave, because such familial status- and sex-based discrimination violates the Fair Housing Act.
Rocket Mortgage claims DOJ 'dragged' company into lawsuit The Department of Justice's allegations stemmed from a January 2021 appraisal of Cheroutes' duplex when she sought to refinance her loan ...
The lawsuit stated that the agency consistently maintained and marketed foreclosed homes in White neighborhoods better than in neighorhoods of color. A $53 million settlement is reached in a ...