Affirmative action loan officer commission fees found illegal
"Flagstar Bank will pay $1.2 million in a class-action settlement, after a judge ruled the lender charged white customers higher fees than minorities.
"Flagstar, a mortgage company based in Troy, Mich., charged minority customers up to 3 percent in loan officer commission fees while charging whites a maximum of 4 percent."
"Flagstar Bank will pay $1.2 million in a class-action settlement, after a judge ruled the lender charged white customers higher fees than minorities.
"Flagstar, a mortgage company based in Troy, Mich., charged minority customers up to 3 percent in loan officer commission fees while charging whites a maximum of 4 percent."
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