Suntrust Mortgage Inc.

Latest Suntrust Mortgage Inc. Items
  • SunTrust Mortgage, a subsidiary of SunTrust Bank, has agreed to pay $21 million to resolve a suit in which the Justice Department claimed it increased interest rates and fees for qualified black and Hispanic borrowers. (Associated Press)

    Bias charge costs SunTrust $21M

    SunTrust Mortgage Inc., a subsidiary of the nation's 11th-largest commercial bank, agreed Thursday to pay $21 million to resolve a Justice Department lawsuit accusing the company of a pattern or practice of discrimination that increased loan prices for qualified black and Hispanic borrowers.


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