WASHINGTON -- Sears Mortgage Corp. is planning to hire a civil rights group to help stamp out any racial bias in its huge lending operation.

The pending deal between Sears, the nation's seventh largest mortgage originator, and the National Fair Housing Alliance, a Washington-based nonprofit organization, is a potent example of the growing cooperation between lending institutions and their former adversaries.

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.