‘We Don’t Own a House There, I Promise. LOL!’: Fairway Mortgage Agrees to $8M Settlement for Redlining Practices Exposed in Racist Emails Mocking Birmingham’s Majority-Black Areas as ‘GHETTO’
In May of 2020, a top-producing loan officer for Fairway Independent Mortgage Company sent an email to a loan processor about a possible property purchase in Ensley, a majority-Black neighborhood in Birmingham, which said, “Ensley is the GHETTO. We don’t own a house there, I promise. LOL!” The Fairway Mortgage processor responded, “‘ROFLOL,’ presumably meaning…
