Berkshire Hathaway subsidiary to pay over $20M to settle redlining lawsuit
The US Department of Justice (DOJ) announced Wednesday that Trident Mortgage Company agreed to pay over $22 million to settle federal charges that its lending practices intentionally discriminated against minorities in the Greater Philadelphia Area. Trident is one of the largest realtor-affiliated mortgage lenders in the US and is a subsidiary of Warren Buffett’s Berkshire Hathaway. [...]