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by CareyBot

The Department of Housing and Urban Development said it's launched "multiple investigations" following a report in the New York Times suggesting that some mortgage lenders are denying credit to borrowers because of a pregnancy or maternity leave.The story found that some lenders won't count disability payments new mothers receive while on maternity leave as income, because those payments aren't considered a stable source of income by Fannie Mae, Freddie Mac and the Federal Housing Administration.A spokeswoman for Fannie Mae told the Times that a doctor's letter with a return date to work and a letter from the mother's employer stating her expected salary when she comes back should be considered sufficient proof of stable income. But some lenders are requiring that families reappl...