The group has filed a similar discrimination complaint against U.S. Bancorp (USB), which HUD is investigating. In June, Wells Fargo (WFC) became the first bank to settle a discrimination complaint pertaining to repossessed properties, paying .5 million to HUD with some of the money split among 14 private fair-housing groups.
Bank of America settles lending discrimination claims brought by. In January, HUD accused Bank of America of discrimination based on.
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Bank of America agreed to pay $161,180 to settle accusations. Council of Orange County, a HUD-funded group that received the woman’s complaint. Bank of America also will set up a $100,000 fund to.
Attorney General Eric Holder and Associate Attorney General tony west announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history – to resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide.
Charlotte, N.C.-based Bank of America's settlement follows a 1993 U.S.. million to resolve claims of pay discrimination against 2,021 current.
Bank of America to Pay $160,000 to Settle Maternity Discrimination claim june 11, 2012 by Jeff Dillman On June 7, 2012, the U.S. Department of Housing and urban development (hud) announced that Bank of America agreed to pay up to $161,180 to settle allegations that one of the bank’s brances in San Jose, California, refused to refinance the.
Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend.
The NFHA is seeking tens of millions of dollars from Bank of America and U.S. Bank as a result of their alleged misdeeds. In April, it finalized a $42 million settlement with Wells Fargo over similar.
Settlement Provides Compensation to Victims Identified by the Department of Justice and Establishes Procedures for Treating Borrowers Fairly Who receive disability income. Under the settlement, Bank of America will conduct training of its underwriters and loan officers and will monitor loan applications to ensure that applications from disabled individuals are treated in a manner consistent with applicable law.