The Department of Housing and Urban Development announced that it is charging Bank of America and two of its employees with discriminating against Hispanic mortgage borrowers.
The charges stem from a complaint filed by the National Fair Housing Alliance, which conducted a series of “secret shopper” tests where Hispanic and non-Hispanic individuals, posing as prospective mortgage borrowers, attempted to get a mortgage from a Bank of America branch in Charleston, South Carolina.
According to the National Fair Housing Alliance and HUD, Hispanic prospective mortgage borrowers were given inferior loan options when compared to non-Hispanic prospective borrowers.
https://www.housingwire.com/articles/38895-hud-charges-bank-of-america-with-lending-discrimination