This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history.
Source: Inman News
Berkshire Hathaway-owned lender settles redlining case with DOJ
More from Banking & LendingMore posts in Banking & Lending »
- 8 reasons you should never recommend a 50-year mortgage
- Are 50-year mortgages an affordability fix or a time bomb?
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from berkshire hathawayMore posts in berkshire hathaway »
- What it takes to build a $100M real estate brand with heart
- Coldwell Banker nabs 1,300-agent affiliate from Berkshire Hathaway
- 5 magic phrases that help real estate agents close more deals
- Bring your own baby: How I turned an open house into a baby rave
- HomeServices selects Jimmy Burgess as new coaching exec
More from department of justiceMore posts in department of justice »
- Letitia James mortgage fraud case thrown out, but can be refiled
- NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Fannie Mae guts ethics and internal investigations unit: WSJ report
- Letitia James pleads not guilty, seeks dismissal of fraud case
More from discriminationMore posts in discrimination »
- Douglas Elliman dragged back to court over wrongful termination allegations
- A decade after Obergefell, Realtors must step up as LGBTQ+ housing discrimination surges
- NAR speech policy change could shift disciplinary burden to brokers
- ‘Alliance members won’t back down’ before anti-LGBTQ+ rhetoric
- NAR downplays former employee’s amended retaliation complaint
More from Kristen ClarkeMore posts in Kristen Clarke »
- DOJ’s 14th redlining settlement is its first with a credit union
- Patriot Bank denies DOJ redlining allegations, settles for $1.9M
- Oldest US community bank to pay $9M to settle redlining allegations
- Park National Bank latest lender to settle federal redlining charges
- Facebook announces new system to avoid housing ad discrimination
More from Lending & MortgageMore posts in Lending & Mortgage »
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
- Stop freaking out about 50-year mortgages. They might save the housing market
- What is the Federal Reserve, and how does it impact real estate?
- What the ballooning national debt means for housing
- How to help buyers understand interest-only mortgages
More from Merrick GarlandMore posts in Merrick Garland »
- DOJ adds major landlords to antitrust lawsuit against RealPage
- DOJ’s 14th redlining settlement is its first with a credit union
- OceanFirst Bank settles DOJ redlining allegations for $15M
- DOJ takes aim at RealPage rent-pricing algorithm in antitrust suit
- DOJ sends signal to industry in first commission comment since March
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from mortgage lendingMore posts in mortgage lending »
- Mortgage giants ‘very close’ to accepting new FICO score
- Why Fannie and Freddie still won’t accept more inclusive credit score
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- PartnerOne acquiring Mortgage Cadence from Accenture
- HomeSmart and Lower partnering on marketing, tech and mortgages
More from redliningMore posts in redlining »
- Brad Inman: ‘AI will be god-like,’ and other real estate predictions
- Government regulator lets BofA mortgage off the hook 3 years early
- Fairway Independent Mortgage buys itself a new Midwest division
- Groups slam CFPB’s bid to undo fair lending settlement as ‘dangerous’
- Windermere reinforces DEI pledge with appointment of new director
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from trident mortgageMore posts in trident mortgage »
Be First to Comment