Warren Buffet ‘s mortgage company discriminated against Black and Latino homebuyers DOJ says

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Trident Mortgage Company (aka part of Warren Buffet ‘s HomeServices of America) has caught the ire of the DOJ. According to the DOJ, an investigation has found that the PA based Trident Mortgage Company discriminated against Black and Latino potential homebuyers on a wide scale. Multiple reports indicate that not only did they discriminate against people they also made rude comments that some neighborhoods were “ghetto” and then posed in front of confederate flags.

“Trident’s unlawful redlining activity denied communities of color equal access to residential mortgages, stripped them of the opportunity to build wealth, and devalued properties in their neighborhoods,” said Kristen Clarke, an assistant attorney general of the Justice Department’s Civil Rights Division, in a prepared statement.

Trident now has to set aside $20m to invest in Black and Brown communities.



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