WASHINGTON, DC – July 22, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development announced today that it will launch multiple investigations into the lending practices of certain mortgage lenders to determine if they illegally denied families mortgages because the mother is pregnant or a family member is experiencing a short-term disability. The action follows a report published this week in the New York Times outlining the lending practices of some lenders which might possibly violate the Fair Housing Act.
More info...
