The U.S. Equal Employment Opportunity Commission Wednesday said it found reason to believe that Freddie Mac discriminated against black employees.

In a "letter of determination," the agency said it found evidence that Freddie Mac showed "disregard for the civil rights of black employees has resulted in a hostile work environment." The Aug. 12 letter was signed by EEOC director Tulio L. Diaz Jr.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.