Bank of America Settles Antigay Discrimination Claim With HUD

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These claims were resolved with $1 billion as part of the settlement. FHA retained its administrative authority to recover its actual losses when Bank of America submits an FHA loan for insurance review in the future. Borrower claims. The settlement does not prevent any claims by individual borrowers who wish to bring their own lawsuits.

Bank Of America Settles Maternity Discrimination Claim. A recent press release found at the official site for FHA/HUD announces, "Bank fund will compensate women denied loans because they were pregnant or on maternity leave".

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 · Attorney General Eric Holder and Associate Attorney General Tony West announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history ­- to resolve federal and state claims against Bank of America and its former.

Freedom Mortgage in Mount Laurel, N.J., has agreed to pay $104,000 to settle claims that it discriminated against loan applicants with disabilities. The agreement stems from a complaint filed by the Department of Housing and Urban Development, accusing the lender of violating consumer protections.

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The Bank of America has agreed to settle a claim brought by the Department of Housing and Urban Development (HUD) on behalf of a lesbian couple that was denied financing for a home mortgage.

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Home / Daily Dose / Wells Fargo Settles With HUD Over Maternity Leave Discrimination. HUD Over Maternity Leave Discrimination Complaints. in. Bank of America settled with HUD for $45,000 to.

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a Conciliation Agreement with Bank of America and Fannie Mae, settling allegations that the Charlotte, NC-based lender and Fannie Mae violated the Fair Housing Act by denyinga borrower’s application to modify her mortgage loan because she did not provide sufficient information about the nature of her disability.

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.