Items Tagged with 'discrimination in housing'

ARTICLES

  • Facebook making massive changes to ad platform after being accused of enabling housing discrimination

    Fair housing groups spur changes to housing, employment, lending ads
    Facebook is making significant changes to its advertising platform after the social media monolith was accused of enabling discrimination in housing, employment, and lending. The changes come after years of scrutiny into Facebook's ad practices, which appeared to allow advertisers to purposefully exclude certain people from seeing housing, employment, or lending ads.
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  • HUD accuses Wisconsin, Ohio landlords of rental discrimination

    Charged with discriminating against resident with disabilities, family with children
    HUD accused several landlords of discriminating against people with disabilities and families with children, both of which are violations of the Fair Housing Act. The first of the allegations is against the owners of a three-bedroom duplex in Wisconsin for allegedly refusing to rent to a family because they have children. In a separate case, HUD charged Ohio landlords with discrimination for refusing the request of a resident with disabilities to have a designated parking space.
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  • Minnesota's KleinBank reaches settlement with DOJ over redlining allegations

    Bank will expand service area to include certain minority neighborhoods
    The Department of Justice and Minnesota-based KleinBank reached a settlement agreement covering charges that the bank excluded minority neighborhoods from its service area and engaged in discriminatory lending. Now, despite continuing to disagree with the government’s claims, the bank is settling with the DOJ in order to move forward.
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  • Court of Appeals hands Wells Fargo victory over Los Angeles in fair housing lawsuit

    Appeals upholds lower court’s dismissal of discriminatory lending suit
    Wells Fargo may be facing a lawsuit from the city of Philadelphia over alleged discriminatory lending practices against minority borrowers, but a federal Court of Appeals just handed the bank a victory in a similar lawsuit brought by the city of Los Angeles back in 2013.
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  • Philadelphia sues Wells Fargo over discriminatory lending

    Cites recent Supreme Court decision that gave cities right to sue lenders
    Earlier this month, the Supreme Court ruled that cities have the right to sue banks over discriminatory mortgage lending practices, but the ruling established a standard that might be tough for the city in question to prove. Now, the city of Philadelphia is taking that challenge head-on and suing Wells Fargo for alleged discriminatory lending practices against minority borrowers.
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  • JPMorgan Chase officially reaches $53 million settlement for lending discrimination

    Wholesale lending brokers accused of charging higher rates to minorities
    Confirming reports that began to emerge last week, JPMorgan Chase officially reached a settlement with the Department of Justice over allegations that the bank’s brokers charged higher interest rates to minority borrowers than white borrowers in the run-up and during the financial crisis. Initial reports pegged the settlement amount at $55 million, but the actual settlement amount is slightly lower, checking in at $53 million.
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  • Minnesota's KleinBank accused of discriminatory lending

    DOJ accuses bank of redlining minority neighborhoods
    Minnesota-based KleinBank excluded minority neighborhoods from its service area for all banking services and engaged in discriminatory lending, the Department of Justice claimed in a lawsuit filed late last week. According to the Department of Justice, none of KleinBank’s branch locations in the Minneapolis-St. Paul metro area is located in a minority neighborhood, a practice known as “redlining.” The bank denies the DOJ's allegations.
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  • HUD charges Bank of America with lending discrimination

    Accused of discriminating against Hispanic mortgage borrowers
    The Department of Housing and Urban Development announced Friday that it is charging Bank of America and two of its employees with discriminating against Hispanic mortgage borrowers. According to the National Fair Housing Alliance and HUD, Hispanic prospective mortgage borrowers were given inferior loan options when compared to non-Hispanic prospective borrowers.
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