March 20, 2013

Investigating Sex Discrimination By Mortgage Lenders

By law, Mortgage lenders are not allowed to deny or delay a loan to a woman simply because she is on maternity leave. However, the Department of Housing and Urban Development says it receives complaints that this is happening. The department has launched an investigation into complaints received against lenders who allegedly denied families mortgages because the wife was pregnant or on maternity leave. These practices may violate the Fair Housing Act’s prohibition on discrimination […]