US Attorney Maryland U.S. Attorney’s Office, Justice Department’s Civil Rights Division and the Consumer Financial Protection Bureau File Statement of Interest in

newsBot

Automated News Bot
Staff member
US Dept. of Justice logo
Press Release: U.S. Attorney’s Office, District of Maryland

United States Attorney for the District of Maryland Erek L. Barron and Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division, along with the Consumer Financial Protection Bureau (CFPB) announced today that they filed a statement of interest to explain the application of the Fair Housing Act (FHA) and the Equal Credit Opportunity Act (ECOA) to lenders relying on discriminatory home appraisals. The statement of interest was filed in Connolly, et al. v. Lanham, et al., a lawsuit currently pending in the U.S. District Court for the District of Maryland alleging that an appraiser and a lender violated the FHA and ECOA by lowering the valuation of a home because the owners were Black and by denying a mortgage refinancing application based on that appraisal.

The above is only an excerpt of the article.

[ Read the rest of the article here. ]
 
Top