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HUD charges foreclosure rescue companies for FHA violations
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Case Law, Consumer Protection
Friday, January 15, 2016
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The Department of Justice and Consumer Financial Protection Bureau are not the only federal agencies that can bring fair lending charges. The Department of Housing and Urban Development has filed a charge of discrimination under the Fair Housing Act after finding reasonable cause to believe that three home loan modification companies and nine of their agents discriminated against homeowners on the basis of national origin. “Families struggling to stay in their homes need real help, not false promises that make a bad situation worse,” Assistant Secretary for Fair Housing and Equal Opportunity Gustavo Velasquez said.
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