Citibank Fined $26M for Discrimination Against Armenian Immigrants
Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said Wednesday.
Research: Mortgage App Rejection More Likely for Older Adults
Older adults are more likely to see their mortgage applications rejected compared to applicants in other age groups, according to recent research, but the rejections might not point to lender discrimination.
CFPB Expands Anti-Discrimination Efforts
The Consumer Financial Protection Bureau plans to expand anti-discrimination efforts beyond fair lending laws and look at other lending practices as that could be considered abusive or deceptive.
People’s United Settles Employees’ Discrimination Lawsuit
Bridgeport, Connecticut-based People’s United Bank has agreed to settle an employee lawsuit that had alleged a wide range of discriminatory actions against executives in the bank’s Massachusetts market.
Senators Must Pass the Equality Act
The U.S. Senate has a historic opportunity in its hands to take a stand in favor of human rights by passing nation-wide fair housing protections for LGBTQ individuals. They cannot let the opportunity go to waste.
Employee Lawsuit Alleges Discrimination at People’s United
A lawsuit against People’s United Bank accuses senior executives in the Massachusetts market of a wide range of discriminatory actions, including denying loan deals as a way to damage employees’ performance and affect their compensation.
Industry Can’t Ignore Troubled History
America – and the banking and real estate industry – is waking up to just how deeply racism and white supremacy has been baked into our society. That can only be a good thing.
Education, Awareness Key to Reducing Racism in Real Estate
Discrimination is a concern throughout the nation and...Banker & Tradesman’s Editorial Cartoon: RBG Construction Co.
A notorious member of the Supreme Court is getting into the road-to-equality-paving business.
Former Employee Sues Boston Fed for Discrimination
A lawsuit filed in federal court alleges that the Federal Reserve Bank of Boston paid a former auditor less than her male colleagues and then fired her in retaliation for complaining to supervisors.
Why Are There So Few Women CEOs?
Women comprise about 47 percent of the U.S. workforce, yet they make up barely a quarter of all senior executives at large U.S. public companies. Here’s how to fix that.
Women Leaders Offer Strategies for Success in Fintech
With women filling only one-third of area tech jobs, they face an uphill battle to advance professionally. At a recent forum, successful female fintech leaders said mentorship, partnerships with universities and boosting the visibility of current women leaders can help.
UniBank Shows You Can Broaden Your Talent Pool
If a high school headmaster can be chosen to lead a prominent community bank, Massachusetts companies have few excuses for not having a better record on workplace diversity.
Gender Pay Gap Still Persists in Finance, Real Estate, Groups Say
Industry groups around the country marked Equal Pay Day on Tuesday to call attention to the gap between women’s earnings and men’s earnings, particularly in the banking and real estate fields.
Deutsche Bank, Ocwen Financial, and Altisource Accused of Racial Discrimination
The National Fair Housing Alliance and 19 fair housing organizations from across the country today filed a housing discrimination lawsuit in federal district court in Chicago against a number of organizations.
Springfield Landlord Fined $35K For Housing Discrimination
A Springfield landlord was found liable by a federal jury last week of discriminating against a family in violation of the Fair Housing Act and fined $35,000, according to the Department of Justice.
Is Loan Servicing The Next Fair Lending Frontier?
Industry insiders are speculating that regulators will increase scrutiny of loan servicing departments while investigating fair lending requirements. If that’s true, will your institution be ready?
Apartment Owners Pay $70K To Settle Discrimination Claim
The owners of a Massachusetts apartment complex have agreed to pay a $70,000 settlement with the U.S. Justice Department over claims they discriminated against tenants of South Asian descent.
