PNC reviewing whether it improperly denied RI veterans loans
February 22nd, 2013 at 2:35 pm by Ted Nesi under Nesi's Notes, On the Main Site
Lisa Prevost reports for The New York Times:
Since 2010, the department has been investigating dozens of complaints against lenders who allegedly denied families mortgages because the wife was pregnant or on maternity leave. Such practices may violate the Fair Housing Act’s prohibition on discrimination in the sale, rental or financing of housing based on sex or familial status. …
A settlement announced this month involves a Navy veteran who said a PNC Mortgage representative in Trumbull, Conn., told her she had to be back at work from maternity leave to obtain a Veterans Affairs loan. …
Under the settlement, PNC, a division of PNC Bank National Association, denied wrongdoing but will pay the couple $15,000. In addition, the company will review V.A. loan applications from the last two years in New York, Pennsylvania, Rhode Island, Connecticut, Vermont, New Hampshire and Maine to determine whether any denials were based on pregnancy or maternity leave.
Tags: mortgages, PNC Bank National Association, PNC Mortgage, VA, veterans
Nesi's Notes covers politics and the economy in and around Rhode Island for WPRI.com. (Twitter: 
Greetings Ted,
Your reporting provided some keen insight over the past few months. Through a Google search of your news coverage, the report reminded me of the current state of the Rhode Island Economic Development Corporation. I thank you and keep up the excellent work.