Florida Home Loans News

Bank of America Settles Antigay Discrimination Claim With HUD

It turns out Bank of America isn’t the only big lender in hot water over allegations of discriminatory practices, as a large lender’s subsidiary has agreed to settle over allegations that it.

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Bank of America cooperated fully with the department’s investigation into its lending practices and agreed to settle this matter without contested litigation. The lawsuit was developed and filed by the Fair Lending Unit of the Housing and Civil Enforcement Section in the Justice Department’s Civil Rights Division.

 · The Department of Housing and Urban Development announced that it is charging Bank of America and two of its employees with discriminating against Hispanic mortgage borrowers.

[US Department of Housing and Urban Development] Announces Agreement with Bank of America to Settle LGBT Discrimination Claim Author: US Department of Housing and Urban Development The U.S. Department of Housing and Urban Development today announced an agreement with Bank of America (BOA) to settle a claim that the mortgage lender refused to provide financing to a lesbian couple.

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HUD began aggressively investigating claims of maternity leave discrimination in lending, and since the settlement resolving Dr. Budde’s case in 2011, HUD has entered into at least twelve more settlement agreements with lenders across the country, including with Bank of America and PNC Bank. HUD continues to investigate claims of discrimination against mothers and families in lending.

Statement by NCLR Policy Director Maya Rupert, Esq. (Washington D.C., January 2, 2013)-Today, the U.S. Department of Housing and Urban Development (HUD) announced a settlement agreement in a claim it brought against Bank of America for discriminating against a lesbian couple applying for a federally insured mortgage loan.

Bank of America denied the loan because the woman and her partner’s mother are not related, though it was impossible for them to have legal ties, since Florida bans same-sex marriage.

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HUD Secretary Shaun Donovan implemented a rule in 2012 that bans anti-LGBT discrimination in several major federal housing programs. washington – Bank of America settled an enforcement action with the Department of Housing and Urban Development over claims of marital status and sexual orientation discrimination in Florida, the agency announced today.

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