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Home » discrimination

Articles Tagged with ''discrimination''

Fair Lending Enforcement Reduces Mortgage Discrimination

March 9, 2026
Shannon Clark
A paper published by the Federal Reserve found that legal action in fair lending reduced disparities in mortgage application denials and originations between white and Black borrowers.
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Lender Faces Setback in Age-Discrimination Lawsuit

January 26, 2026
Shannon Clark
An appeals court found a district court erred in granting summary judgment to Union Home Mortgage in an age-discrimination lawsuit.
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LO Discrimination Lawsuit Against Rate to Proceed

January 12, 2026
Shannon Clark
The mortgage lender had sought to settle allegations of gender discrimination and sexual harassment through arbitration.
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Judge Pauses Layoffs of HUD FHEO Employees

October 17, 2025
Emmeline Willey
A federal judge issued a temporary restraining order blocking planned layoffs at federal agencies, including the Department of Housing and Urban Development’s Office of Fair Housing and Equal Opportunity.
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District Court Refuses to Dismiss DOJ Lawsuit Against Rocket

September 29, 2025
Shannon Clark
Rocket Mortgage claims it had no authority to correct the alleged discriminatory appraisal connected to a refinance application. The lender said it expects to be vindicated.
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Evidence of Discrimination in HECM Lending

August 22, 2025
Emmeline Willey
Researchers have found that minority applicants were less likely than white applicants to be approved for a reverse mortgage.
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Fannie Mae Hit With Class-Action Over Employee Terminations

August 1, 2025
Dennis Hollier
A group of U.S. citizens of Indian background sued Fannie Mae for discrimination after being terminated for alleged unethical behavior in relation to the company’s charitable grants program.
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Court Denies Motion to Vacate CFPB-Townstone Settlement

June 23, 2025
Shannon Clark
A district court determined that granting a motion to vacate based on the new arguments advanced by the CFPB would “be to undermine the finality of judgments.”
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CrossCountry Loses Appeal in Age Discrimination Lawsuit

June 6, 2025
Shannon Clark
A 65-year-old senior accountant at CCM was told that the lender was shifting to a new business model and her job was being eliminated. However, the employee claimed she was fired due to her age.
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Same-Sex Couples Face Higher Denial Rates for Mortgages

April 28, 2025
Shannon Clark
Population density, the type of lender and creditworthiness all appear to be factors affecting denial rate disparities between same-sex and opposite-sex couples applying for loans.
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