Birmingham, Fairway Independent Mortgage
Mortgage company will pay over $8M to resolve Birmingham lending discrimination allegations
A mortgage company accused of engaging in a pattern of lending discrimination by redlining predominantly Black neighborhoods in Alabama has agreed to pay $8 million plus a nearly $2 million civil penalty to resolve the allegations,
Mortgage corporation to pay millions over allegations of redlining Birmingham areas
Fairway Independent Mortgage Corporation (Fairway) agreed to pay $8 million and a $1.9 million civil money penalty.
Mortgage company to pay over $8M to settle lending discrimination claims in predominantly Black Alabama neighborhoods
A mortgage company has agreed to pay $8 million, along with nearly $2 million in civil penalties, to settle accusations of lending discrimination in predominantly Black neighborhoods in Alabama.
Mortgage giant to pay $9.9 million for alleged redlining in Black Birmingham neighborhoods
Fairway Independent Mortgage Corp. must pay nearly $10 million in a settlement over allegations by the U.S. Justice Department and the Consumer Financial Protection Bureau (CFPB) that the lender engaged in keeping credit from predominately Black Birmingham neighborhoods.
Mortgage lender to pay nearly $10M to settle Ala. 'redlining' allegations
Fairway Independent Mortgage Corporation agreed to pay $8 million and a $1.9 million civil penalty to settle allegations of redlining mostly Black neighborhoods in Birmingham, Ala.
Madison-based mortgage company will pay over $8M to resolve lending discrimination allegations
Madison-based Fairway is accused of engaging in a pattern of lending discrimination by redlining predominantly Black neighborhoods in Alabama.
US penalizes mortgage lender Fairway for alleged racial discrimination in Alabama
The U.S. Justice Department and the Consumer Financial Protection Bureau penalized Fairway Independent Mortgage Corporation for alleged redlining in Black neighborhoods in Birmingham, Alabama, the agencies said on Tuesday.
Mortgage company faces DOJ redlining charges, agrees to $10M settlement
The DOJ alleges the business discriminated against majority-Black neighborhoods in Birmingham by discouraging residents from ...
Fairway to Pay $10 Million to End Birmingham Redlining Probe (1)
Fairway Independent Mortgage Corp. will pay around $10 million to resolve claims from the Consumer Financial Protection ...
American Banker2d
Fairway agrees to pay nearly $10 million for redlining in Birmingham
The Consumer Financial Protection Bureau and Department of Justice issued a consent order against Wisconsin-based nonbank ...
New Barclays, NatWest, Halifax rules for mortgage customers come with 'warning'
Each of the banks and high street financial institutions have been warned over hiked mortgage rates, adding cash to your ...
Alabama Political Reporter2d
Justice Department secures $8M to address redlining in Black communities in Birmingham
Redlining is an illegal practice by which lenders avoid providing credit services to individuals living in communities of ...