Last month, I attended NAHB’s midyear meeting in Miami and had the pleasure of sitting in on a presentation by Daniel Swift, president and CEO of Des Moines-based architecture group BSB Design.
Justice Department, HUD crack down on lending discrimination against pregnant women
Both agencies have begun fining lenders and insurers over the last several years.
Lenders and mortgage insurers allegedly delay or deny loan applications when a borrower is pregnant or heading for maternity leave, but federal law prohibits this form of discrimination. Both the Justice Department and the Department of Housing and Urban Development have fined several lenders and insurers on maternity discrimination grounds during the last several years.