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Fairway Independent Mortgage Settlement defendant
7 fields cited Open for claims Proof optional Needs recheck

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation settled a federal fair-lending case and must now offer better loan terms to buyers and homeowners in majority-Black neighborhoods in the Birmingham area — backed by a $7 million subsidy fund.

Persons seeking home purchase, refinance, and home improvement loans on certain residential properties located in majority-Black neighborhoods in the Birmingham MSA may benefit from a $7 million loan subsidy program requiring Fairway to offer loans on more affordable terms. Checked against the official settlement source by SettleSignal on June 17, 2026.

⏳ Claim deadline not listed here yet — confirm the official filing deadline on the settlement site before relying on it.

📄 Proof requirement not specified here — check the official site for what documentation, if any, a claim needs.

Who may qualify

You self-certify the basics when you file — the settlement administrator makes the final eligibility decision.

You may qualify if you're seeking a home purchase loan, refinance, or home improvement loan on a residential property in a majority-Black neighborhood within the Birmingham metropolitan area.

Official eligibility wording (read the exact text)
Persons seeking home purchase, refinance, and home improvement loans on certain residential properties located in majority-Black neighborhoods in the Birmingham MSA may benefit from a $7 million loan subsidy program requiring Fairway to offer loans on more affordable terms.

This summary is based on available official settlement sources. The settlement administrator determines eligibility and payment approval.

New to the terms? Plain-English: claim deadline, proof of purchase, administrator, pro rata.

Proof requirements

Proof requirement is currently marked as Unknown.

Review the official claim form before submitting any information.

What you need. No formal claims process — the benefit is built into the loan itself. Approach Fairway about a mortgage and ask about the settlement subsidy program; standard mortgage application documents will be required.

Important dates

Jun 13, 2022
passed
Exclusion deadline (passed)
Last day to opt out of the settlement.
Jun 13, 2022
passed
Objection deadline (passed)
Last day to file an objection with the court.

How hard is this claim to file?

This is a California employment class action (Valdez v. Fairway Independent Mortgage Corporation) that already received final approval — if you were a class member and did not opt out, check with the administrator about your status and any uncashed payment. A separate federal redlining enforcement action by the CFPB and DOJ provides a loan subsidy program for Birmingham, AL homebuyers, not individual cash claims.

Watch out for

  • The Final Approval Hearing was September 16, 2022, so this case is long closed — you cannot file a new opt-out or objection.
  • The Opt-Out Deadline was June 13, 2022; if you opted out before that date, you are not eligible for any class payment.
  • Do not confuse this employment lawsuit with the separate CFPB/DOJ redlining enforcement against Fairway — they are entirely different matters with different remedies and different affected populations.
  • Only contact CPT Group through the official toll-free number or the case website — the administrator is the only legitimate contact for payment questions.

We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.

How do I file a claim for this settlement?

File directly with CPT GROUP, Inc. via the official claim form.

  1. 1
    Visit the official settlement site at https://www.cptgroupcaseinfo.com/fairwaymortgagesettlement/ and download the Class Notice to confirm whether you are a class member.
  2. 2
    Contact the settlement administrator, CPT GROUP, Inc., at their toll-free number 1-888-694-2503 to ask whether a payment was issued in your name and whether it remains outstanding.
  3. 3
    Review the Settlement Agreement and Final Order (linked on the case page) to understand the class definition and any claim or exclusion requirements.
  4. 4
    If you believe you were improperly excluded or your payment was never received, raise that directly with CPT Group — they are the point of contact for distribution issues.
  5. 5
    If you are a homebuyer or borrower in the Birmingham, AL area interested in the $7 million loan subsidy program from the CFPB/DOJ consent order, contact Fairway (operating as MortgageBanc) directly — that program is not administered through a class-action claims process.

New to settlement claims? How to file safely →  ·  Worried it might be fake? Run the 60-second legitimacy check →

When will I get paid?

  1. Claims open You are here
  2. Court approval
  3. Payments sent
  4. Distribution complete

Claims are still being accepted. Class-action payouts typically begin only after the claim deadline, final court approval, and any appeals.

Verify it yourself

How we verified this record

Optional, but it's the whole point — every field below traces to a named official source we re-check on a schedule.

Re-verification in progress 3 / 8 fields checked
  • Eligibility the official government refund program page · Jun 17, 2026
  • Administrator the official settlement website · Jun 17, 2026
  • Court case the official settlement website · Jun 17, 2026
  • Claim deadline queued for re-check
  • Payout details queued for re-check
  • Proof requirement queued for re-check
  • Official claim link queued for re-check
  • Payment status queued for re-check

Every published record clears our source-verification bar; remaining fields are checked one by one on our weekly re-verification pass.

Cross-checked against 2 official sources on file.

Checked fields are matched against a named official source and re-checked on a schedule. We show the authority and the date, never our internal evidence link.

  • Eligibility summary

    Persons seeking home purchase, refinance, and home improvement loans on certain residential properties located in majority-Black neighborhoods in the Birmingham MSA may benefit from a $7 million loan subsidy program requiring Fairway to offer loans on more affordable terms.

    Verified Jun 17, 2026 · against the official government refund program page

  • Administrator

    CPT GROUP, Inc.

    Verified Jun 17, 2026 · against the official settlement website

  • Court

    Superior Court of the State of California San Diego

    Verified Jun 17, 2026 · against the official settlement website

Show all 4 more verified fields
  • Objection deadline

    June 13, 2022

    Verified Jun 17, 2026 · against the official settlement website

  • Opt-out deadline

    June 13, 2022

    Verified Jun 17, 2026 · against the official settlement website

  • Court case number

    37-2018-00053677-CU-OE-CTL

    Verified Jun 17, 2026 · against the official settlement website

  • Case name

    Valdez V. Fairway Independent Mortgage Corporation

    Verified Jun 17, 2026 · against the official settlement website

Common questions

Is the Fairway Independent Mortgage Corporation settlement legitimate?

Yes — the Fairway Independent Mortgage Corporation settlement is a real claims process that SettleSignal tracks from its official source. It is administered by CPT GROUP, Inc. under case 37-2018-00053677-CU-OE-CTL in Superior Court of the State of California San Diego. File only through the official settlement website (www.cptgroupcaseinfo.com); a genuine settlement administrator never charges a fee to file. SettleSignal last checked this record against the official source on June 17, 2026. Always confirm the current details on the official site before filing.

Who may qualify for this settlement?

Persons seeking home purchase, refinance, and home improvement loans on certain residential properties located in majority-Black neighborhoods in the Birmingham MSA may benefit from a $7 million loan subsidy program requiring Fairway to offer loans on more affordable terms.

Where is the official Fairway Independent Mortgage Corporation claim form?

The official claim form is hosted by the settlement administrator, CPT GROUP, Inc.. Use the 'Open official claim form' button on this page — never pay a fee to file.

Who can benefit from this settlement?

Anyone applying for a home purchase, refinance, or home improvement loan on a residential property in a majority-Black neighborhood within the Birmingham metropolitan area.

Do I get a check?

No. This is a loan subsidy program, not an individual cash payout. Qualifying borrowers get access to more affordable loan terms directly from Fairway.

Is there a deadline to apply?

No deadline has been publicly announced yet. Check the official settlement site at cptgroupcaseinfo.com/fairwaymortgagesettlement for the latest updates.

How do I find out if my neighborhood qualifies?

Visit the official settlement site at cptgroupcaseinfo.com/fairwaymortgagesettlement for details on which areas are covered and how to access the program.

Where to act

When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.

You'll need the Claim ID from your notice

The official claim form asks for the Claim ID (or Notice ID) the settlement mailed or emailed to the people it identified. Didn't get one? Here's how to get it:

  1. Check your email (including spam) and any mail from around when the settlement was announced — the Claim ID is usually printed right on the notice.
  2. Still can't find it? Contact the settlement administrator (CPT GROUP), tell them you believe you're a class member (for example, a customer or patient in the covered period), and ask them to look you up and send your Claim ID.

Open the official settlement site

We're re-verifying this record — confirm the details on the official source before filing.

Not ready to file today? Track it free — we'll remind you before the deadline, and keep your claim details in one place.

Listed on the official settlement website (CPT GROUP).

Status history

Every status and verification change we have recorded for this settlement, newest first. We log the date we made each change; we never publish the underlying evidence link.

  1. Settlement published after verification.
  2. Verified field details updated from an official source. ×2
SettleSignal summary card for Fairway Independent Mortgage Corporation. Checked against the official settlement source on June 17, 2026.
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Disclaimer

SettleSignal summarizes publicly available settlement information and links to official settlement sources. We are not a law firm, do not provide legal advice, do not submit claims on your behalf, and do not determine eligibility or payout approval. You open the official claim form yourself. Only file a claim if the information you provide is accurate.