HUD fines FirstBank Mortgage Partners for maternity-related discrimination

HousingWire Content on ‘FirstBank Mortgage Partners’ In its latest settlement over violation of the Fair Housing Act, the U.S. Department of Housing and urban development reached a $5 million.

FirstBank Mortgage Partners will pay a couple $35,000 to settle allegations that it denied them a mortgage because the woman was on maternity leave, even though she planned to go back to work. The.

HUD noted in a release, "Refusing to approve a mortgage loan or provide mortgage insurance because a woman is pregnant or on family leave violates the Fair Housing Act’s prohibition against sex.

The list includes Bank of America, PNC Mortgage, Cornerstone Mortgage and giant mortgage insurer MGIC, whose settlement involving 70 women led to the creation of a $511,250 compensation fund for.

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FACT SHEET: MORTGAGE LENDING DISCRIMINATION .. mortgage, her income level is unnaturally low at that moment. A mortgage lender may try to refuse a loan for this reason; however, a woman on maternity leave is considered to be on. HUD Acts Against Pregnancy Discrimination in Home Mortgages "

HUD Settles Bank Of America Maternity Leave Discrimination Case. The U.S. Department of Housing and Urban Development issued a recent press statement announcing, "Bank of America will pay $45,000 as part of Conciliation Agreements resolving allegations the lender discriminated against pregnant women seeking mortgage loans.

The U.S. Department of Housing and Urban Development (HUD) Office of Fair Housing and Equal Opportunity (FHEO), administratively enforces Federal statutes, executive orders and regulations designed to afford all persons an equal opportunity to live in housing of their choice and to participate in HUD-assisted programs and activities.

Mortgage Lending Discrimination Reveals the Need for More Comprehensive Maternity Leave By Jasmine Narang September 25, 2014 Issues, Sexism, Sexual Harassment, and Other Forms of Discrimination. Share; Tweet; Update; Plus 1; Email; FirstBank Mortgage Partners (based in Jackson, TN), has agreed to pay a settlement of $35000 to rectify allegations that it violated the Fair Housing Act by.

FirstBank Mortgage Loans :: Tennessee, Georgia & Alabama HUD to Investigate Possible Discrimination Against Pregnant Borrowers An investigation into whether lenders may have illegally denied mortgages to pregnant women and persons on temporary disability is being launched by the Department of Housing and Urban Development (HUD).

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Lending HUD fines FirstBank Mortgage Partners for maternity-related discrimination Couple denied mortgage because of maternity leave

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