Mortgage Lenders News

Bank of America Settles Antigay Discrimination Claim With HUD

WASHINGTON – 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.

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.

In a year when the surging popularity of an African-American presidential candidate has led to talk of a “post-racial” America. Smith criticizes HUD for its substantial backlog of housing.

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.

NFHA v. BOA. This fair lending complaint, filed with HUD, alleges that Bank of America of discrimination based on national origin by treating the Hispanic testers less favorably than the non-Hispanic testers. This complaint was charged by HUD. Read about the settlement here.

The U.S. Department of Housing & Urban Development (HUD) announced an agreement with Bank of America (BOA) to settle a claim that the mortgage lender refused to provide financing to a lesbian couple. The agreement is the first enforcement action taken against a lender involving HUD’s recent rule ensuring that the Department’s core housing programs be open to all eligible persons.

On July 29, 2016, the Department of Housing and Urban Development (HUD) announced a settlement with a bank concerning allegations that they denied loan approval to a woman on maternity leave in violation of the fair housing act (fha). The woman had applied for a home equity line of credit, but the bank allegedly told the her that she would have to return to work before the bank would approve.

The House Republicans’ “Pledge to America” included a promise to “root out. which were created by a federal law in 1971, were “intended to settle longstanding land claims by Alaska natives and.

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