Advocacy Group Sues Ocwen, Deutsche Bank, for Post-Foreclosure Discrimination Against Minorities

ocwen foreclosure discriminationA new lawsuit accuses mortgage giants Ocwen and Deutsche Bank of discriminating against African-American and Latino homeowners, leaving foreclosed properties to languish in minority neighborhoods, while maintaining care of properties in primarily white areas.

The lawsuit was filed by the group National Fair Housing Alliance and alleges widespread discrimination throughout the United States, all related to foreclosure.

In one neighborhood, for example, 2/3 of properties in communities of color had trash left on the premises, while less than 1/3 had trash left in white communities. Similarly, 2 in 5 foreclosed properties in minority neighborhoods had broken or boarded up windows, while less than 4% had such conditions in white neighborhoods.

This lawsuit shows that not only have banks like Ocwen and Deutsche Bank foreclosed unnecessarily on African-Americans and Latinos (as shown in other studies), but this mistreatment continues even after foreclosure. Many foreclosures could and should have been averted with loan modifications or other foreclosure alternatives.

Culik Law is a Boston, Massachusetts law firm. Our attorney represent consumers and homeowners in cases involving Ocwen and Deutsche Bank, as well as most other banks and mortgage servicers, related to mortgages, mortgage servicing, loan modification, and anti-foreclosure litigation. If you have found yourself dealing with a mortgage-related problem, contact us to see if we can help you.

Josef Culik

Josef Culik

Attorney Joe Culik has built his reputation on helping people and has dedicated his practice in Boston, Massachusetts to consumer protection, employee rights, and individual personal injury. He has advocated for individuals against some of the largest companies in America and has a passion for helping people uphold their rights against impossible odds. He has filed both individual and class-action lawsuits against most of the major banks, against some of the biggest debt collectors and credit reporting agencies, as well as insurance companies and corporate employers. Contact Joe