home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

Mortgage Lawsuits News | Mortgage Litigation Index
Mortgage industry lawsuit news and mortgage litigation coverage. Stories about legal settlements, judgments and mortgage class actions.


Mortgage Discrimination Lawsuits
2007 Mortgage Litigation Report

main report page

Class actions and suits related to lending discrimination involving minorities, neighborhoods and property types.

Defendant
Plaintiff
Court
Amount
Overview
Case Title
NAACP
U.S. District Court for the Central District of California
.
Subprime lenders accused of steering black borrowers into predatory loans
NAACP v. Ameriquest Mortgage Company et al.
Housing Advocates Inc.
HUD and City of Cleveland
.
Argent Mortgage, Wells Fargo and a local mortgage broker accused of targeting predominantly black neighborhoods for predatory loans
.
.
Illinois
.
Obama represented plaintiffs in class action lawsuit against a mortgage lender that allegedly discriminated against African Americans and their neighborhoods
Buycks-Roberson v. Citibank FSB
.
U.S. District Court, Massachusetts
.
Lender accused of steering minority borrowers into predatory loans
.
.
U.S. District Court, Southern District of New York
.
Same-sex couple sues Countrywide Financial Corp., claiming the lender discriminated against them when they wanted to add one partner to the other's mortgage
DeWolf and Watts v. Countrywide
Countrywide Home Loans, Full Spectrum Lending Inc. Class action Massachusetts . Countrywide alleged to have charged African American borrowers more for a subprime loan than others seeking loans .
EMC Mortgage Corp., Bear Stearns . U.S. District Court, Connecticut . Bear Stearns Companies and its servicing subsidiary accused of charging frivolous fees, losing payments and mismanaging escrow accounts on loans with nonprime minority borrowers in violation of the Fair Housing Act and Civil Rights laws .
First Franklin Financial Corp. Leon L. Morris and Allison S. Morris U.S. District Court for the Northern District of Georgia . First Franklin sued for denying a couple a loan because of a prior foreclosure .
First Indiana Bank N.A. National Community Reinvestment Coalition HUD $100,000 Indiana bank settles claims that it discriminated against minorities by excluding row houses and low-priced homes from acceptable properties for its mortgage programs .
Morgan Stanley, Saxon Mortgage National Community Reinvestment Coalition Filed with HUD and SEC . Lender "intentionally discriminated" against borrowers in African American, Latino, Native American, Asian and Pacific Islander communities .
NovaStar Financial, Inc.

another article
National Community Reinvestment Coalition . . Lawsuit against NFI alleges the real estate investment trust discriminated against minorities seeking financing for homes in row house neighborhoods, on American Indian Reservations and in urban areas for adult foster care .
People's Bank of the Ozarks Robert and Melanie Johnston . . Lawsuit filed against a Missouri Bank for yanking a couple's construction financing and terminating their home equity line-of-credit although Bank claims its actions were based on wife's disclosure that felony charges had been lodged against the couple for fleeing police .
SouthStar Funding LLC

another article
National Community Reinvestment Coalition HUD $500,000 "Settlement reached to resolve alleged discrimination against African Americans and Hispanics because lender refused to make loans on Baltimore row houses valued under $100,000 .
Wells Fargo Financial Inc.

another article
Association of Community Organizations for Reform Now Los Angeles County Superior Court $7 million Consumer finance arm of Wells Fargo & Co settles with subprime borrowers in a class action lawsuit that alleged the lender charged higher fees and interest rates to minorities .


SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders