Since the launch of Professional Builder’s Daily Feed newsletter on June 4, 2014, I have scanned thousands upon thousands of news stories about or related to home building in some way.
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.