Mortgage Lenders News

Bank of America Settles Antigay Discrimination Claim With HUD

The Florida Masochist: Sealed minds, Sealed cases, Sealed courts,

The U.S. Department of Housing and Urban Development announced today an agreement with Bank of America to settle an LGBT discrimination claim that the mortgage lender refused financing to.

Bank of America has settled a loan discrimination case with a hearing-impaired Minnesota woman for $155,000. Kathryn Letourneau of North Branch filed a complaint in 2012 with the Human Rights Department claiming that, due to her disability (a hearing impairment), she’d asked Bank of America to communicate with her solely through email on a $140,000 loan modification.

Statement by NCLR policy director maya rupert, Esq. HUD brought the claim alleging that Bank of America’s denial of an FHA-insured mortgage loan from an otherwise eligible florida lesbian couple because they were not married constituted discrimination based on sexual orientation and marital status.

The Department of Housing and Urban Development today announced that Bank of America has settled a discrimination claim filed by a Florida lesbian couple denied a mortgage because they’re not.

In January, HUD accused Bank of America of discrimination based on national origin by treating the Hispanic testers less favorably than the non-Hispanic testers, which would qualify as a violation of the Fair Housing Act. As a result of those charges, Bank of America and the NFHA reached a settlement.

Bank of America to Pay $160,000 to Settle Maternity Discrimination Claim June 11, 2012 by Jeff Dillman On June 7, 2012, the U.S. Department of Housing and Urban Development (HUD) announced that Bank of America agreed to pay up to $161,180 to settle allegations that one of the bank’s brances in San Jose, California, refused to refinance the.

In a statement, Bank of America said it followed different but tougher Federal Housing Administration guidelines in all three cases and blamed "inconsistencies" in different laws regulating housing.

Bank of America spokesman Terry Francisco said the National Fair Housing Alliance had not provided the bank with details of its complaint. He said if HUD pursued. $335 million in a settlement with.

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.

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