Justice Dept. Settles With Lender To Resolve Discrimination Charges
October 10, 2011
The Justice Department and C&F Mortgage Corp. of Midlothian, VA, agreed to a settlement that resolves allegation of lending discrimination against African-American and Hispanic borrowers of home mortgages. According to the terms of the settlement, which is subject to court approval, C&F Mortgage will revise its pricing policies, conduct employee training and pay $140,000 to settle allegations that it engaged in a pattern or practice of discrimination on the basis of race and national…