Mnuchin’s former bank settles lending discrimination claims OneWest Bank has agreed to a more than $7 million settlement over allegations of discriminatory lending that cover the period when Treasury Secretary Steven Mnuchin was chairman.
The NFHA is seeking tens of millions of dollars from Bank of America and U.S. Bank as a result of their alleged misdeeds. In April, it finalized a $42 million settlement with Wells Fargo over similar.
A press release on the FHA/HUD official site announces a settlement in a disability discrimination claim brought by HUD against U.S. Bank. According to HUDNo.13-008, "Minnesota-based U.S. Bank National Association will pay $12,000 to a loan applicant with disabilities under a Conciliation Agreement settling allegations that the bank required him to provide unnecessary documentation to.
February 1, 2013 Comments Off on Bank of America settles LGBT discrimination claim Bank of America will pay $7,500 to settle the first action to enforce the U.S. Department of Housing and Urban Development’s new rule prohibiting home lenders from discriminating based on sexual orientation or gender identity.
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A fair-housing group is trying to crank up the pressure on Bank of America to settle claims that the bank discriminated. The group has filed a similar discrimination complaint against U.S. Bancorp.
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced a settlement agreement in a claim it brought against Bank of America for discriminating against a lesbian couple.
Bank of America to Pay $160,000 to Settle Maternity Discrimination Claim June 11, 2012 by Jeff Dillman On June 7, 2012, the U.S. Department of Housing and Urban Development (HUD) announced that Bank of America agreed to pay up to $161,180 to settle allegations that one of the bank’s brances in San Jose, California, refused to refinance the.
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A new housing discrimination complaint. is no doubt the NFHA has targeted Bank of America, which it claims has reduced Latino market share in the region compared with its banking peers. The group.
Bank of America cooperated fully with the department’s investigation into its lending practices and agreed to settle this matter without contested litigation. The lawsuit was developed and filed by the Fair Lending Unit of the Housing and Civil Enforcement Section in the Justice Department’s Civil Rights Division.
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