The government alleged that Delta Funding Corporation violated fair lending and consumer protection laws by underwriting home mortgage loans with higher mortgage broker fees for African-American females than for similarly situated white males, paying kickbacks to brokers to refer loan applicants, and approving loans without regard to the borrower's ability to repay.

Authors

• Person: Not available Organization: Department of Justice
  Fair Lending Enforcement Program - Department of Justice

Sources

• Fair Lending Enforcement Program - Department of Justice www.justice.gov Department of Justice via serper

Referenced by nodes (1)

• fair lending laws concept