Resource Center
Mortgages
Buying
Refinance
Selling

Resource Center

  1. Home
  2. Mortgage News
  3. Mortgage Discrimination Lawsuits First Quarter 2009 Mortgage Litigation Report

Mortgage Discrimination Lawsuits First Quarter 2009 Mortgage Litigation Report

Mortgage Daily

Published On: May 26, 2009
Mortgage Discrimination Lawsuits
First Quarter 2009 Mortgage Litigation Report
Class actions and lawsuits related to lending discrimination involving minorities, neighborhoods and property types.
Defendant
Plaintiff
Court
Amount
Overview
 Case Title
Case Number
 Date Filed Link to StoryLink to Story
Wells Fargo Bank, N.A., and Wells Fargo Home Mortgage, Inc. National Association for the Advancement of Colored People (NAACP) U.S. District Court for the Central District of California na The lender’s subprime lending operations allegedly engaged in systematic, institutionalized racism. NAACP v. Wells Fargo Bank, N.A. SACV 07-0794 Mar. 2009 www.mortgagedaily.com/LawsuitsNaacp031309.asp
HSBC Mortgage Corporation (USA), and HSBC Bank USA, N.A. National Association for the Advancement of Colored People (NAACP) U.S. District Court for the Central District of California na The lender’s subprime lending operations allegedly engaged in systematic, institutionalized racism. NAACP v. HSBC Mortgage Corp. SACV 07-0794 Mar. 2009 www.mortgagedaily.com/LawsuitsNaacp031309.asp
U.S. Capital Funding LLC State of New York, Attorney General na na A state investigation also found discriminatory practices at U.S. Capital, but the company refused to provide restitution to more than 100 minority borrowers — prompting a lawsuit by the attorney general. na na na www.mortgagedaily.com/NyBrokerActions010509.asp
HCI Mortgage State of New York, Attorney General and Department of Banking na 332500 Minorities were allegedly charged thousands of dollars more in fees. na na na www.mortgagedaily.com/NyBrokerActions010509.asp
Consumer One Mortgage State of New York, Attorney General and Department of Banking na 332500 Minorities were allegedly charged thousands of dollars more in fees. na na na www.mortgagedaily.com/NyBrokerActions010509.asp

Popular Posts

Sign Up For Our Newsletter

Learn how to navigate the complicated world of mortgages, and more. Don’t worry, no spam, just tips & tricks!

Related Topics
Mortgage Refinance
Home Appraisal
VA Loans
FHA Loans
Reverse Mortgages
Buying a Home
Home Search
Closing Costs
FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.

Amortization Calculator

Affordability Calculator

Mortgage Calculator

Refinance Calculator

FHA Mortgage Calculator

VA Mortgage Calculator

Real Estate Calculator

Tags

Pre-Approval Resources!

Making well educated decions in a matter of minutes and stay up to date on the latest news Mortgage Daily has to offer. Read our latest articles to stay up to date on what’s going on…

Read All Resources about "Enter Title Here"

Resource Center

Since 1998, Mortgage Daily has helped millions of people such as yourself navigate the complicated hurdles of the mortgage industry. See our popular topics below, search our website. With over 300,000 articles, we are guaranteed to have something for you.
TOP SEARCHED TOPICS
Mortgage Process
Mortgage Types
Mortgage Rates
Mortgage Lenders
How to Refinance
Refinance Rates
Refinance Types
Find a Home
Sell Your Home
Presell Preperation

Your mortgages approval starts here.

Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.
Get Started

Stay Up To Date with Today’s Latest Rates

ï„‘

Mortgage

Today’s rates starting at

4.63%

5/1 ARM
$200,000 LOAN

ï„‘

Home Refinance

Today’s rates starting at

4.75%

30 YEAR FIXED
$200,000 LOAN

ï„‘

Home Equity

Today’s rates starting at

3.99%

3 YEAR
$200,000 LOAN

ï„‘

HELOC

Today’s rates starting at

2.24%

30 YEAR FIXED
$200,000 LOAN