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HUD fines Freedom Mortgage over discrimination claims – Laurel, New Jersey, has been ordered to pay $104,000 by the U.S. Department of Housing and Urban Development to settle claims that the lender discriminated against loan applicants with disabilities..
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What is a HUD Home – > HUD HOME LOAN QUESTIONS > APPLY NOW; WHAT IS A HUD HOME? What is a HUD Home? A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
HUD: Bank of America violated Fair Housing Act – HUD claims Bank of America "imposed unnecessary and burdensome requirements on borrowers who relied on disability income to qualify for their home loans and required some. This includes imposing.
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