Fairway Independent Mortgage Corporation
Mortgage company to pay over $8M to settle lending discrimination claims in predominantly Black Alabama neighborhoods
A mortgage company has agreed to pay $8 million, along with nearly $2 million in civil penalties, to settle accusations of lending discrimination in predominantly Black neighborhoods in Alabama. The U.S. Department of Justice said the company was accused of redlining, an illegal practice where lenders deny credit to residents in specific areas based on…
