Buffett-owned lender discriminated against Black homebuyers, DoJ finds
by Edwin Rios from on (#61W7G)
Trident Mortgage Company, owned by Berkshire Hathaway, agrees to second-largest settlement over redlining'
A mortgage lender owned by the billionaire Warren Buffett's holding company, Berkshire Hathaway, engaged in lending discrimination against homebuyers of color, or redlining, in communities around Philadelphia, the US Department of Justice announced on Wednesday.
An agreement with Trident Mortgage Company resulted in the second-largest settlement over redlining in DoJ history.
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