SunTrust paid $21 million to resolve discriminatory mortgage-pricing allegations
Company: Truist Financial Corporation
Summary
DOJ reached a $21 million settlement with SunTrust Mortgage, now part of Truist, over allegations that qualified African-American and Hispanic borrowers were charged higher mortgage fees because of race or national origin. DOJ reviewed more than 850,000 loans originated between 2005 and 2009. Source: https://www.justice.gov/archives/opa/pr/justice-department-reaches-21-million-settlement-resolve-allegations-lending-discrimination