HUD: Can’t Deny a mortgage based on pregnancy

Interesting article for those of you planning to buy a house or refinance and will be going on maternity leave. 

 

The settlement agreement signed by Magna Bank requires the bank to pay one woman $14,085 for allegedly requiring her to return to work before her loan application could be approved. In another settlement agreement, Home Loan Center, Inc., agreed to pay a Las Vegas woman $15,000 for denying her application to refinance her mortgage because she was on maternity leave.  Read entire article in the link below from floridarealtors.org

Photographer: Kim Collins, St. Petersburg, FL, kymcollins@gmail.com  —- Yes this is me in the photo and we were in the middle of buying a house while I was pregnant.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=2&id=274227