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Mortgage Discrimination Lawsuits Third-Quarter 2010 Mortgage Litigation Index

Mortgage Daily

Published On: December 13, 2010
Mortgage Discrimination Lawsuits
Third-Quarter 2010 Mortgage Litigation Index
Class actions and lawsuits related to lending discrimination involving minorities, neighborhoods and property types.

Defendant
Plaintiff
Court
Amount
Overview
Court
Case Number
Date Filed Link to StoryLink to Story
Golden Empire Mortgage Inc. Federal Trade Commission U.S. District Court, Central District of California $5,500,000 Settlement reached in case where defendant allegedly made exceptions to its overage caps for Hispanic borrowers more frequently than for non-Hispanic whites, ultimately charging Hispanic consumers higher prices for mortgage loans than was charged for non-Hispanic whit Federal Trade Commission v. Golden Empire Mortgage, Inc. CV-09-03227 5/1/2009 http://oldwww.mortgagedaily.com/settlementgoldenempire092010.asp

 

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