M&T Bank Busted for Discrimination but you can beat they are not the only
Nikole Hannah-Jones wrote an article for ProPublica titled “Housing Enforcement Group Sues M&T Bank for Discrimination” and reports within it that “The unusual lawsuit draws on secret videotapes and recordings to argue that the bank’s loan officers discriminated against blacks, Latinos and Asians who applied for mortgages. One of the nation's largest banks discriminates against black, Latino and Asian homebuyers by offering lesser qualified white borrowers higher loan amounts and using hidden racial criteria in one of its loan programs, according to a lawsuit filed this week in federal court in Manhattan. The suit also accuses the bank of steering homebuyers to certain neighborhoods based on their race or ethnicity. The lawsuit claims that M&T Bank violated the landmark Fair Housing Act, a 1968 law that sought to end discriminatory lending practices and limit the historic segregation of many of the country's cities. The suit was filed by the Fair Housing Justice Cen...