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Trident Mortgage Launches Subsidy Fund After Redlining Settlement

Friday, Sep 15 2023
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Written by  The Mortgage Leader

Trident Mortgage has rolled out an $18.4 million mortgage assistant program as part of a settlement announced by the Department of Justice last year over “deliberate discrimination against minority families.” So reports NEXT Mortgage News.

DOJ department 40657 640 smallThe fund established under the $22 million settlement will be available to qualified borrowers in three Eastern states.

Trident, part of Berkshire Hathaway, was formerly one of the Philadelphia region’s biggest mortgage lenders.

Read the full article from NEXT Mortgage News.

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