Justice Department Secures $8M From Fairway Independent Mortgage Corporation to Address Redlining in Black Communities in Birmingham, Alabama
October 15, 2024
October 15, 2024
BIRMINGHAM, Alabama, Oct. 15 -- The office of the U.S. Attorney for the Northern District of Alabama posted the following news release:
The Justice Department and Consumer Financial Protection Bureau (CFPB) announced today that Fairway Independent Mortgage Corporation (Fairway) has agreed to pay $8 million and a $1.9 million civil money penalty to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black neighborhoods in . . .
The Justice Department and Consumer Financial Protection Bureau (CFPB) announced today that Fairway Independent Mortgage Corporation (Fairway) has agreed to pay $8 million and a $1.9 million civil money penalty to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black neighborhoods in . . .