On July 12, 2012, the U.S. Department of Justice announced a $175 million settlement — the second largest fair lending settlement in the department’s history — to resolve allegations that Wells …
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Court Rules Against Westchester County, NY; HUD Withholds CDBG Funds
On May 3, 2012, U.S. District Court Judge Denise Cote held that the Westchester County, New York, violated a 2010 consent decree designed to address racial and ethnic segregation in the …
DOJ Sues NY Mortgage Company for Lending Discrimination
The U.S. Department of Justice has filed a lawsuit alleging that GFI Mortgage Bankers, Inc., violated the Fair Housing Act and the Equal Credit Opportunity Act by charging African-American and Latino borrowers …
Consumer Group Releases New Study on Fair Lending
The National Consumer Law Center (NCLC) issued a new report examining the fair housing implications of the mortgage lending crisis. The report, entitled “Why Responsible Mortgage Lending Is a Fair …
Justice Department Sues Louisiana Parish, Alleging Racial Discrimination
On January 31, 2012, the Department of Justice filed a lawsuit against St. Bernard Parish, La., alleging that the parish violated the Fair Housing Act by engaging in a multi-year campaign …