Mortgage company faces DOJ redlining charges, agrees to $10M settlement
The DOJ alleges the business discriminated against majority-Black neighborhoods in Birmingham by discouraging residents from applying for mortgages.
Fairway, accused of redlining in Alabama, agrees to settle for $1.9M
The CFPB and DOJ accused Fairway of discouraging people from majority-Black neighborhoods from applying for mortgages.
Fairway to pay $9.9M in redlining settlement
The lender allegedly discouraged residents of Black-majority neighborhoods from applying for mortgages. Fairway said the complaint “appears to be intentionally inflammatory in nature.”
Mortgage lender to pay nearly $10M to settle Ala. 'redlining' allegations
Fairway Independent Mortgage Corporation agreed to pay $8 million and a $1.9 million civil penalty to settle allegations of redlining mostly Black neighborhoods in Birmingham, Ala.
CFPB, DOJ Flag Fairway Independent For Redlining
Fairway Independent Mortgage Corp. (Fairway) settled yesterday with the Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Justice (DOJ) following allegations from regulators of mortgage lending discrimination in majority-Black neighborhoods in the greater Birmingham,
US penalizes mortgage lender Fairway for alleged racial discrimination in Alabama
The U.S. Justice Department and the Consumer Financial Protection Bureau penalized Fairway Independent Mortgage Corporation for alleged redlining in Black neighborhoods in Birmingham, Alabama, the agencies said on Tuesday.
DOJ Fines Mortgage Lender Fairway for Alleged Racial Discrimination
The U.S. Justice Department and the Consumer Financial Protection Bureau penalized Fairway Independent Mortgage Corporation for alleged redlining in Black neighborhoods in Birmingham, Alabama, the agencies said on Tuesday,
Fairway Independent Mortgage, DOJ Reach $9.9M Redlining Settlement
Fairway Independent Mortgage has agreed to pay $9.9 million to resolve allegations the company had engaged in a pattern or practice of lending discrimination involving Black neighborhoods in and around Birmingham,
Fairway to Pay $10 Million to End Birmingham Redlining Probe (1)
Fairway Independent Mortgage Corp. will pay around $10 million to resolve claims from the Consumer Financial Protection ...
American Banker2d
Fairway agrees to pay nearly $10 million for redlining in Birmingham
The Consumer Financial Protection Bureau and Department of Justice issued a consent order against Wisconsin-based nonbank ...
Seattle startup raises $1.25M for electric bike used on golf courses
Fairway Bikes CEO Alex Wunderlich (left) and founder Jim Billmaier. (GeekWire Photo /) Seattle-area startup Fairway Bikes ...
US penalizes mortgage lender Fairway over racial discrimination
The U.S. Justice Department and the Consumer Financial Protection Bureau penalized Fairway Independent Mortgage Corporation ...