Tag Archives: Discrimination

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 →

Going beyond Pride: Practical ways to be an ally all year long

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When you think of celebrating Pride, is it only in the month of June? Nick Acosta shares his personal message about growing up, the importance of community, and speaking out about Pride issues in the real estate industry. Continue reading →

Preventing unintentional housing discrimination

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As Realtors, we are responsible for ensuring that our actions do not unintentionally discriminate against any individual or group. Unfortunately, unintentional discrimination can be challenging to identify and even more difficult to avoid. Continue reading →

SafeRent discriminated against Black, Hispanic renters often: Suit

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The tenant screener violated the Fair Housing Act for years as it doled out disproportionately low risk scores to Black and Hispanic rental applicants with housing vouchers, a new federal lawsuit says. Continue reading →