FTC accuses Golden Empire Mortgage of bias against Latino borrowers
The FTC says the Bakersfield home lender charged Latinos higher prices for mortgages. A lawyer for the company disputes the allegations.
By E. Scott Reckard
Have mortgage lenders discriminated against minority borrowers by charging them higher interest rates and fees? Fair-lending advocacy groups have long maintained that this is so, and federal consumer protection officials are agreeing in a case involving a California home lender.The Federal Trade Commission said Monday that it had accused a Bakersfield-based mortgage banking company of charging Latinos higher prices for mortgage loans than it charged non-Latino whites. The agency alleged that the discrepancies could not be explained by applicants’ credit histories or underwriting risk - read more
A Mexican immigrant Is Suing IHOP Restaurant For Discrimination
A Mexican immigrant, of 62 years, Suing the company International House of Pancakes (IHOP) and one of his tax exemptions, against which she accused it to have discriminated by his age when she was dismissed to October. Ricardo Hernandez, original of Tonaya, Jalisco,Mexico said that it worked like cook by 35 years for a restaurant IHOP in the city of Orange. Nevertheless, it asserted that, to complain that the extra hours did not pay to him appropriately that worked, was harassed by the proprietor of the restaurant that said to him that already he was very old to work.
“I feel very badly because they dismissed to me of that form”, Hernandez said. “