On February 5, 2024, the United States Department of Justice and the State of North Carolina announced that First National Bank of Pennsylvania has agreed to pay $13.5 million to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Charlotte and Winston-Salem. Redlining is …
lending
Fair Housing Project Celebrates its 6th Year, $5.25 Million Won for Victims of Discrimination
RALEIGH, April 28, 2017 – When fair housing advocates gather for Raleigh’s 14th Annual Fair Housing Conference on April 28, they will have much to celebrate: national Fair Housing Month, the federal Fair Housing Act’s 49th anniversary, and our nation’s continuing commitment to the principle of equal housing for all. Advocates from Legal Aid of …
Fidelity Bank Agrees to Invest $1 Million to Settle Discrimination Complaint
On April 22, 2016, the Fair Housing Project of Legal Aid of North Carolina (LANC) announced that it had settled a fair housing complaint it had brought against North Carolina-based The Fidelity Bank. The complaint, which had been filed with the U.S. Department of Housing and Urban Development (HUD), had alleged that African American prospective borrowers …
HUD Proposes Rule Regarding Transgender Individuals in Federally-Funded Shelters and Housing
On November 20, 2015, the U.S. Department of Housing and Urban Development published a proposed rule addressing the placement of transgender individuals in HUD-funded and HUD-insured housing, including federally-funded shelters. The proposed rule is intended to provide more guidance on implementing a 2012 HUD requirement addressing the housing needs of lesbian, gay, bisexual, and transgender individuals. …
Rhode Island City Sues Santander Bank for Redlining
On May 29, 2014, the City of Providence, Rhode Island, filed a lawsuit in federal court against Santander Bank, N.A., accusing the bank of discrimination in mortgage lending. The City alleges that since 2009, Santander has deliberately discriminated by refusing to make prime mortgage loans available in minority neighborhoods, in violation of the federal Fair Housing Act. Since it …
HUD, Deutsche Bank Subsidiary Settle Lending Discrimination Case
On November 5, 2013, the U.S. Department of Housing and Urban Development (HUD) announced that it had reached a settlement with MortgageIT, Inc., Deutsche Bank subsidiary, regarding claims that the lender had discriminated in making mortgage loans. HUD had alleged that the lender discriminated against African American and Hispanic borrowers with practices that led to African Americans and …
Wells Fargo Bank Settles Fair Housing Complaint Over REO Property Maintenance
On June 6, 2013, the U.S. Department of Housing and Urban Development (HUD) announced that Wells Fargo Bank, N.A., will invest $39 million in 45 communities across the country to settle a fair housing complaint over how it maintained Real Estate Owned (REO) property in a number of communities across the country. REO property is property that a …
HUD Settles with Bank of America Over LGBT Discrimination
The U.S. Department of Housing and Urban Development (HUD) announced that it had settled a discrimination complaint with Bank of America for allegedly refusing to provide a mortgage loan to a lesbian couple from Florida. According to a press release issued by HUD, the agreement is the first enforcement action taken against a lender involving …
Morgan Stanley Sued for Discriminating in Mortgage Lending
On October 15, 2012, five Detroit residents and Michigan Legal Services sued Morgan Stanley for discriminating against African American homeowners by “providing strong incentives to a subprime lender to originate mortgages that were likely to be foreclosed on.” In the lawsuit, the plaintiffs are asking the court to certify a class action that could have …
Fair Housing Groups File Discrimination Complaint Against Bank of America
On September 25, 2012, the National Fair Housing Alliance (NFHA) and five of its member organizations announced that they had filed a federal housing discrimination complaint against Bank of America Corporation, Bank of America, N.A., and BAC Home Loan Servicing, LP. The complaint, which was filed with the U.S. Department of Housing and Urban Development (HUD), alleges …