Jennings

DOJ: Buffett-owned mortgage firm guilty of redlining in NCCo

Charlie Megginson Government, Headlines

A Pennsylvania mortgage company owned by billionaire Warren Buffett will pay $20 million to resolve allegations of discrimination against Black and Latino homebuyers in Pennsylvania, New Jersey and Delaware, the Department of Justice announced this week. Attorneys general in the three states accused Trident Mortgage Company of redlining in the greater Philadelphia region, including New Castle County. Redlining, in the …