Borrower Sues Lender Over Alleged Discriminatory Lending Practices

(September 23, 2021, 12:34 PM EDT) -- PHILADELPHIA — An African-American borrower sued his commercial mortgage lender in Pennsylvania federal court on Sept. 21, alleging that the lender engaged in discriminatory lending practices by failing to notify the borrower that his commercial mortgage loan included a maturity date, which resulted in unnecessary legal fees and a refinance of the loan, something the borrower argues the lender does not do to white borrowers....

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