Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: MortgageIT, Inc.
Penalty: $12,100,000
Year: 2013
Date: November 5, 2013
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: The U.S. Department of Housing and Urban Development announced that MortgageIT, Inc., an indirect subsidiary of Deutsche Bank, agreed to pay $12.1 million to resolve allegations that the residential lender discriminated against African American and Hispanic borrowers seeking mortgage loans.
Level of Government: federal
Action Type: agency action
Agency: Housing and Urban Development Department
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.