CMG refused to insure couple on maternity leave

https://roanokechowan.edu/pharmacy/can-viagra-100mg-be-dangerous/21/ source url click here reflective discursive essay source url cheap lasix online no prescription buying male enhancement without perscription viagra popitka cialis kijiji http://centerforalexandriaschildren.org/therapy/lasix-half-life/25/ name of viagra for women... vietnam war research paper topics research paper about writing business plan writing services nyc https://www.dimensionsdance.org/pack/260-buy-viagra-online-in-south-africa.html viagra or cealis go to link go to site https://carpaccioatbalharbour.com/usarx/effetti-collaterali-viagra-generico/12/ http://drsuzanne.net/14163-acheter-du-viagra-sans-risque/ http://styronsquareapartments.com/online-pharmacy-no-prescription-7657/ heading for a paper prevent levitra side effects three paragraph essay example secondary school homework help what is a professional essay click here where to buy cialis without a prescription pregnantThe U.S. Department of Housing and Urban Development (HUD) announced this week that it has reached agreements to settle two Fair Housing Act complaints against Madison, based CMG Mortgage Insurance Company (CMG MI), the nation’s largest provider of private mortgage insurance to credit unions. CMG MI will pay $30,000, resolving allegations that it refused to insure the home mortgage loan of a married couple because the wife was on maternity leave, and that it maintained a written policy of refusing to consider the regular pay of women on maternity leave as income. If you would like to know more about the laws regarding maternity leave, more information can be found here on what is considered right and wrong.

The Fair Housing Act makes it unlawful to discriminate in mortgage lending and residential real estate-related transactions based on race, color, national origin, religion, sex, family status or disability. These prohibitions include refusing to approve a mortgage loan or to provide mortgage insurance because a woman is pregnant or on maternity leave.

“A woman’s maternity leave is not a legitimate basis for a lender to deny a mortgage loan or for an insurer to deny mortgage insurance,” said Bryan Greene, HUD Acting Assistant Secretary for Fair Housing and Equal Opportunity. “This settlement will allow families all over the country to obtain home loans without respect to their family leave status.”

The Conciliation Agreements resulted from a complaint by a married couple seeking to refinance their home mortgage loan through a credit union. The credit union allegedly denied the application because the woman was on maternity leave, citing CMG MI’s guidelines for calculating income for women on maternity leave, which allowed for regular pay to be considered only if the applicant returned to work before the loan closed.

HUD also filed a Secretary-initiated complaint against CMG MI on behalf of the public, alleging that the company’s written policies and procedures regarding borrowers on maternity, paternity, pregnancy, or parental leave were discriminatory.

Under the terms of the Conciliation Agreements, CMG MI will pay $5,000 to the couple who filed the initial complaint and $25,000 to a qualified organization to educate the public about their fair lending rights, including the rights of borrowers on maternity, paternity, pregnancy, or parental leave when applying for home mortgage loans. Additionally, CMG MI will develop new nondiscriminatory guidelines regarding calculating maternity, paternity, and pregnancy leave income, and train its employees and employees of credit unions that have underwriting responsibilities about these new guidelines.

Persons who believe they have experienced discrimination may file a complaint by contacting HUD’s Office of Fair Housing and Equal Opportunity at (800) 669-9777 (voice) or (800) 927-9275 (TTY). Housing discrimination complaints may also be filed at www.hud.gov/fairhousing or by downloading HUD’s free housing discrimination mobile application, which can be accessed through Apple devices, such as the iPhone, iPad, and iPod Touch.