Suffolk Federal Credit Union (Medford, NY) has settled with a Long Island housing group over charges that it discriminated against African-Americans and Latinos who sought information about mortgage loans.
As part of the settlement, the credit union will offer subsidies of up to $1,250 to eight borrowers a year, for three years, in certain Suffolk County ZIP codes. The credit union will also provide more staff training and hire a third-party group to test for discrimination by credit union employees.
The credit union in the agreement denied any allegation of engaging in discriminatory lending.
In a 2016 complaint, Long Island Housing Services claimed that the credit union violated the federal Fair Housing Act as well as state and county laws against discrimination.
Read the article.
No comments:
Post a Comment