Tag Archives: fair lending

Justice Department Reaches Settlement with Sage Bank Over Allegations of Mortgage Discrimination

Complaint alleges bank charged African-American and Hispanic borrowers higher prices for home loans than charged to similarly situated White borrowers. By Jeff Sorg, OnlineEd Blog (December 2, 2015) – The Justice Department filed a complaint and proposed consent order on November 30th to resolve allegations that Sage Bank, headquartered in Lowell, Massachusetts, violated the Fair Housing Act and the […]