Skip to content
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » SunTrust Pays $21 Million to Settle Biased Pricing Allegations, Compliance Expert Predicts Rise in Loan Denial Complaints
Looking to read the full article? Register for free access to IMFnews content today!

SunTrust Pays $21 Million to Settle Biased Pricing Allegations, Compliance Expert Predicts Rise in Loan Denial Complaints

June 7, 2012
SunTrust Mortgage has agreed to pay $21 million to the federal government to resolve a lawsuit alleging pricing discrimination against minority borrowers over a period of four years. The Department of Justice, which brought the pricing lawsuit, said the settlement also requires that SunTrust continue the anti-discrimination policies and practices it had adopted prior to the settlement. The mortgage lender agreed to the settlement voluntarily without admitting to any wrongdoing and without any factual findings, adjudications or litigation. Filed in U.S. District Court in Richmond, VA, the...
News Inside Mortgage Finance Inside the CFPB Enforcement
Purchase this article for $50.00
Subscribe To The Newsletter

Latest Imf News

  • Purchase-Mortgage and Refi Volume Diverge in Second Quarter

  • Losses Increase at Homebuilder Hovnanian Enterprises

  • Insurance Companies Add to Whole-Loan Mortgage Holdings

  • New Listings for Homes Up, Asking Price Slips

More Imf News

Featured Data

  • GSEs Deliver Consistent Profits; No Closer to Solvency

  • Bank Mortgage Earnings Tick Up in Second Quarter

  • Non-Agency Pushes CMBS Issuance Up Slightly in 2Q

  • PMIs Gain Purchase Share, Refinance Share Slips

More Featured Data

Featured Reports

  • Agency Seller-Issuer Profile: 1Q26 (PDF)

  • 2026 Mortgage Market Statistical Annual (PDF)

  • IMF HMDA Dashboard: 2025

  • Guide to Mortgage Lending to First-Time Homebuyers

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2026 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing