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The Justice Department and the Consumer Financial Protection Bureau allege that mortgage lender Fairway illegally redlined Black neighborhoods in Birmingham through its marketing and sales actions, and discouraged residents from applying for mortgage loans. Fairway is a non-depository mortgage company headquartered in Madison, Wisconsin. In the Birmingham area, Fairway operates under the trade name MortgageBanc.
“This case is a reminder that redlining is not a relic of the past, and the Justice Department will continue to work urgently to combat lending discrimination wherever it arises and to secure relief for the communities harmed by it,” he said.