Fairway Independent Mortgage Corporation has agreed to pay $8 million and an additional $1.9 million civil penalty to resolve allegations of redlining predominantly Black neighborhoods in Birmingham, Alabama. This settlement is part of the Justice Department’s Combating Redlining Initiative, which has now secured over $150 million in relief for communities of color nationwide.
Fairway Independent Mortgage Corporation to Pay Nearly $10 Million for Redlining Black Neighborhoods in Birmingham
