CFPB, DOJ Flag Fairway Independent For Redlining
Fairway to pay a $1.9 million penalty and provide $7 million in loan subsidies
Tagged: Department of Justice
TD Bank Pleads Guilty To Enabling Money Laundering For Criminal Organizations
'TD Bank chose profits over compliance in order to keep its costs down,' said U.S. Attorney General Merrick Garland.
Two Ex-Employees Of NJ Mortgage Business Charged in Fraud Scheme
The U.S. Department of Justice (DOJ) and U.S. Attorney Philip Sellinger announced the charges last week.
Justice Department Secures Over $107 Million In Redlining Relief
Initiative tackles lending discrimination in communities of color; Ameris Bank in Florida settles for $9 million over redlining allegations.
UBS Settles RMBS Lawsuit For $1.435 Billion
Resolves 2018 civil action alleging misconduct related to UBS’ underwriting of securities
Pair Indicted For Theft Of $2.1 Million From Cash Out Mortgages
Duo used impostors, fake IDs to defraud elderly Vietnamese Americans – and dupe banks.
ESSA Bank & Trust To Pay $3M In Redlining Settlement
Justice Department says bank discriminated against Blacks & Hispanics in Philadelphia metro area.
Feds: AI No Excuse For Breaking The Law
CFPB, DOJ, EEOC, and FTC issue joint statement saying automated systems have potential to harm consumers.
MBA: Don’t Make Lenders Liable For Actions Of Independent Appraisers
Files amicus brief in discrimination lawsuit in response to CFPB, DOJ Statement of Interest.