Bank of America Settles Antigay Discrimination Claim With HUD

Other banks that have halted such loans include Bank of America. and that HUD would not otherwise have insured,” according to the Justice statement. “hud subsequently incurred substantial losses.

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Bank of America settles lending discrimination claims brought by National Fair Housing Alliance HUD charges BofA with housing discrimination Ben Lane is the Managing Editor of HousingWire.

The decision still leaves unsettled the question of whether gay employees can sue for discrimination if they are fired for what they perceive as anti-gay bias. to resolve the complaint and failed.

Wells Fargo (WFC) and Bank of America (BAC) agreed to pay record. However, courts increasingly frown on discrimination cases built on statistics. By those methods, whites theoretically could claim.

HUD settles discrimination claim against Bank of America The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced a settlement agreement in a claim it brought against Bank.

U.S. Bank Settles Discrimination Claim A press release on the FHA/HUD official site announces a settlement in a disability discrimination claim brought by HUD against U.S. Bank.

In the largest settlement. General (HUD-OIG), and state attorneys general and state banking regulators across the country. The joint federal-state group entered into the agreement with the nation’s.

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 will also provide fair lending training to its newly-hired employees. In addition, Fannie Mae will pay the woman $3,400. Persons who believe they have experienced discrimination may file a complaint by contacting HUD’s Office of Fair Housing and Equal Opportunity at (800) 669-9777 (voice) or (800) 927-9275 (TTY).

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