DOJ snares Berkshire Hathaway-owned lender for historic redlining settlement – Robert Khodadadian

A former mortgage lender with ties to Warren Buffett has been hit with the second-largest settlement for a redlining case in Justice Department history. The Department of Justice, in conjunction with the Consumer Financial Protection Bureau and the attorneys general of three states, announced Wednesday Trident Mortgage Company has agreed to pay a $20 million settlement. The lender, owned by Berkshire Hathaway, was accused of redlining practices in the Philadelphia metro area, including Camden, New

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Residential Real Estate, berkshire hathaway, DOJ, housing discrimination, Mortgages, redlining The Real Deal New York Read More