Tag Archives: Discrimination

KW, Coldwell Banker and others sued over alleged discrimination

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The new lawsuit claims that a host of big-name real estate companies, as well as various landlords, refused to accept Section 8 vouchers for lower-income renters. Continue reading →

Florida agents fear unintended consequences of real estate ban

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Senate Bill 264 goes into effect in July. It might not have a big impact on the buying power of foreign citizens, but the ripple effects of the law’s suggestively biased tone may set a precedent. Continue reading →

UWM says it’s hiring as Bloomberg details alleged ‘locker room culture’

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The nation’s biggest mortgage lender is planning to hire 500 people and is holding a job fair Saturday just days after a Bloomberg News expose of alleged drug use, discrimination and harassment. Continue reading →

Fannie and Freddie keep building capital reserves as profits shrink

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By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship. Continue reading →

Court tosses redlining suit sparked by mortgage broker’s radio show

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Regulators alleged statements made by hosts of Townstone Financial’s call-in show discouraged “prospective” African-American applicants from seeking mortgage loans. Continue reading →

Compass agrees to waive broker fees for NYC Section 8 renters

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Compass must waive broker fees for the first 25 Section 8 renters who lease a property through the brokerage, said New York’s Attorney General, as part of the new terms to an April housing discrimination settlement. Continue reading →

California Association of Realtors apologizes for racist past policies

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“The Association was wrong.” The trade group says it’s taking “bold action” to address the legacy of discrimination that continues to impact access to housing today. Continue reading →

Plaintiffs end suit accusing companies of defrauding agents

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Former sales reps drop claims that Move, its parent company News Corp. and the National Association of Realtors discriminated against them and used them to lie to agents. Continue reading →

Berkshire Hathaway-owned lender settles redlining case with DOJ

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This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history. Continue reading →

After discrimination reveal, LIBOR to tackle fair housing on Long Island

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The Realtor organization’s new campaign comes after a sweeping investigation in which journalists found endemic discrimination among Long Island’s real estate community. Continue reading →