Regions Bank Allegedly Displaying Disparate Mortgage Denial Rates Between People of Color and Caucasian People

McCune Law Group, McCune Wright Arevalo Vercoski Kusel Weck Brandt, APC, (MLG) is investigating the need to bring a legal action against banks like Regions Bank over allegedly for mortgages denying mortgages to qualified people of color more often than Caucasian borrowers. These allegations suggest that the bank has denied loans more often or provided unfavorable terms to minority borrowers despite their acceptable credit history a much higher rate than their Caucasian counterparts. Such practices perpetuate economic disparities and hinder the growth and prosperity of marginalized communities. This investigation seeks to find answers for qualified customers of color who have been seemingly unfairly denied loans from banks like Regions Bank.

Banks Are Held Accountable by Federal Law

The Fair Housing Act is a federal law enacted in 1968 that prohibits discrimination in housing based on race, color, religion, sex, national origin, familial status, and disability. It aims to protect individuals from being denied equal access to housing opportunities, including renting, buying, or securing a mortgage. The Act makes it illegal to engage in discriminatory practices such as refusing to rent or sell housing, setting different terms or conditions, or providing false information about the availability of housing based on protected characteristics

Despite these protections, systemic barriers such as racial disparities in income, wealth, and education can create barriers to housing opportunities for people of color, perpetuating inequality even with the protections of the Fair Housing Act. MLG invites those who believe they are victims of unfair or discriminatory lending practices to contact an attorney today.

If you believe you have been denied a loan you were otherwise qualified for due to your race , contact a Racial & Economic Justice attorney for McCune Law Group today! Call (909) 345-8110 or complete the form for a free consultation.

Frequently Asked Questions

How long will this investigation take?

The duration of investigations into allegedly discriminatory lending practices can vary significantly depending on several factors. In general, the number of participants in the investigation and their willingness to participate, along with the complexity and availability of the evidence, can all impact the timeline. In general, the more people who are willing to participate in the investigation will often generate quicker results. That’s why it is important for you to contact Racial and Economic Justice attorneys from MLG today by filling out the form or calling (909) 345-8110 to participate.

Among other things, you will be asked to provide basic information about your loan application process, including your employment status at the time of the application, your credit history/FICO scores, other incurred debt, and the property for which the loan was to be obtained. The Racial and Economic Justice attorneys at MLG may have additional questions when they are speaking with you. If you are interested in participating in this important investigation, contact the Racial and Economic Justice attorneys from MLG today by filling out the form or calling (909) 345-8110 to participate.

Investigation participants should fill out this short form or call our firm if they are willing to participate. Depending on the information you provide, the Racial and Economic Justice attorneys at MLG may follow up with you for a short call. It is also possible, based on your conversation, that the attorneys may ask you to provide certain documentation as evidence of your experience. The attorneys at MLG know your time is valuable and will work diligently to minimize any burden on investigation participants. If you are willing to participate, contact the Racial and Economic Justice attorneys from MLG today by filling out the form or calling (909) 345-8110.

If evidence provided by investigation participants substantiates the reported disparities in lending practices between customers of color and Caucasian customers and indicates that discriminatory practices may be at play, the Racial and Economic Justice attorneys from MLG may file a case against the offending financial institution.

No. Participation in the investigation does not mean you have to participate in any future case that may be filed. Of course, if it is determined that it is appropriate to file a case and you are willing to participate, please let MLG’s Racial and Economic Justice attorneys know. Nobody will be named in any lawsuit that may be filed without their written consent.

How to Start Your Potential Case

If you believe you were denied a loan that you were qualified for and believe the denial could be racially motivated, contact a Racial & Economic Justice attorney from McCune Law Group today. Our team will go over your case and advise further action. Here is what to expect in the process:

  • Complete our contact form with all your information so we can best prepare for our consultation with you
  • Schedule your free consultation
  • Meet with our Racial & Economic Justice team
  • Discuss your matter
  • Plan your next steps toward justice

Contact a McCune Law Group attorney today by calling (909) 345-8110 or by completing the form.

MLG Stands Against Discriminatory Behaviors

McCune Law Group’s Racial & Economic Justice attorneys are committed to fighting against discriminatory practices to protect consumers from harm. With a deep understanding of fair housing and fair lending laws, we advocate for the rights of individuals who have been victims of unfair or discriminatory lending policies based on their race, color, ethnicity, or other protected characteristics. McCune Law Group attorneys work diligently to investigate and gather evidence, consult with experts, and build strong cases to hold financial institutions accountable for their unfair practices. We strive to protect consumers by seeking justice, pursuing legal remedies, and advocating for fair compensation for the harm caused unfair lending. With our expertise and dedication, McCune Law Group attorneys play a pivotal role in promoting equal access to housing and fair lending practices for all individuals.

With our expertise and dedication, McCune Law Group attorneys play a pivotal role in promoting equal access to housing and fair lending practices for all individuals. With more than 30 years of experience and over $1 billion recovered for our clients, we have become nationally recognized for protecting consumer rights across the country. Contact our team today for a free evaluation of your potential case.

To participate in this important investigation, please contact McCune Law Group by completing the form or calling (909) 345-8110 today!

Attorney Advertising

McCune Law Group, McCune Wright Arevalo Vercoski Kusel Weck Brandt APC is responsible for this solicitation. The information provided on this website is for general information purposes only. The information you obtain is not, nor is it intended to be, legal advice. Use of this website or submission of the online form does not create an attorney-client relationship. 

Counsel Richard McCune is licensed to practice only in the state of California. The law firm of McCune Law Group has attorneys licensed to practice law in AZ, CA, IL, MO, NJ, NY, and PA. This information section is not intended to be a solicitation for services in states where it is forbidden for non-barred attorneys from advertising for services, and McCune Law Group does not have attorneys barred in that state. McCune Law Group is a national firm that brings lawsuits in a majority of the states. In states where one of its attorneys is not barred, it does so by filing the complaint along with local counsel barred in that state.

The results discussed do not guarantee, warrant, or predict the results in future cases.