HUD charges Bank of America with discrimination against homebuyers with disabilities
The U.S. Department of Housing and Urban Development (HUD) has charged Bank of America with discrimination against homebuyers with disabilities. HUD alleges that Bank of America requires additional information of individuals using their disability income to qualify for their home loans. The Fair Housing Act makes it illegal to ask about the nature or severity of a person’s disability or to have different application or qualification standards just because the applicant has a disability.
HUD, in a press release, stated that its charge is based on a "Secretary-initiated investigation," and the investigation of complaints filed by two individual borrowers in Michigan and one borrower in Wisconsin. The matter will now be handled by the U.S. Department of Justice.
For more information: HUD Charges Bank of America with Discriminating Against Homebuyers with Disabilities