April 28, 2017

Whoa, An Actual Addmission of Guilt | Justice Department Reaches Lending Discrimination Settlement with GFI Mortgage Bankers Inc.

“As part of the settlement, GFI admits that an analysis of the note interest rates and fees that it charged on mortgage loans to qualified borrowers showed statistically significant disparities between non-Hispanic white borrowers and both African-American and Hispanic borrowers that could not be explained by objective borrower characteristics or loan product features. The company … Read more
Related posts:

  1. Justice Department Reaches $335 Million Settlement to Resolve Allegations of Lending Discrimination by Countrywide Financial Corporation
  2. Speak Up if You Were a Victim of Wells Fargo Mortgage Discrimination
  3. Oregon Department of Justice | Frequently Asked Questions About The Multistate Settlement

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