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DOJ: Buffett company discriminated against Black homebuyers

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NEW YORK (AP) — The Justice Department says a Pennsylvania mortgage company owned by billionaire businessman Warren Buffett’s company discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware.

Officials are calling it the second-largest redlining settlement in history. Trident Mortgage Co. deliberately avoided writing mortgages in minority-majority neighborhoods in West Philadelphia, Camden, New Jersey and in Wilmington, Delaware. That’s according to a Justice Department Consumer Financial Protection Bureau settlement with Trident.

As part of the agreement with the government agencies, Trident will have to set aside $20 million to make loans in underserved neighborhoods.

 

Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.

 

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Ex-Cuomo adviser killed when Lyft ride ends on highway

DEWEY BEACH, Del. (AP) — An ex-adviser to former New York Gov. Andrew Cuomo was killed in a crash after police say a Lyft driver ordered him out of the car in the middle of a Delaware highway over the weekend. Authorities on Wednesday said the driver initially fled but was cooperating with authorities. No charges were immediately filed in connection with the death of 43-year-old Sidney Wolf. Delaware State […]

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