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Violation Tracker Individual Record

Company: Fairway Independent Mortgage Corporation
Penalty: $9,900,000
Year: 2024
Date: October 15, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Secondary Offense: racial discrimination
Violation Description: Fairway Independent Mortgage Corporation has agreed to pay $8 million and a $1.9 million civil money penalty to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black neighborhoods in and around Birmingham, Alabama.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Northern District of Alabama
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.