PNC Hit with Fine for Denying Loan to Veteran on Maternity Leave

Posted To: MND NewsWirePNC Mortgage has settled a suit brought by the Department of Housing and Urban Development ( HUD ) for alleged discrimination. The suit charges that the Trumbull, Connecticut company violated the Fair Housing Act by requiring a mortgage applicant who was on paid maternity leave to return to work before it would approve her loan. The Fair Housing Act prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status, and disability. HUD said that refusing to approve a mortgage loan because a woman is pregnant or on maternity leave violates the Fair Housing Acts prohibitions against sex and familial status discrimination. According to John Trasviña, Assistant Secretary...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.http://www.mortgagenewsdaily.com/02062013_fair_housing.asp| Call Bonnie Kelly for all your real estate needs: 505-350-8672 @ uwad.com