Wholesaler Settles Fair Lending Complaint with HUD, Advocates
September 25, 2006
Mortgage wholesaler SouthStar Funding has agreed to settle an administrative complaint filed by community reinvestment advocates alleging discriminatory lending in Baltimore’s inner city and in other similar areas across the country. The fair lending complaint against SouthStar Funding was filed by the National Community Reinvestment Coalition in April and was resolved through the Department of Housing and Urban Development’s conciliation process...