Fairway blasts federal regulators in $10M redlining settlement

Nation’s third biggest lender casts itself as a victim of politics, noting CFPB launched its investigation the day after Biden Administration took office. Continue reading

HUD: Appraisal that erased $220K in home value was discriminatory

Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act. Rocket says it expects to prevail. Continue reading

‘Historic’ agreement aims to break racial barriers in appraisal industry

The Appraisal Foundation will establish $1.22 million scholarship fund to help aspiring appraisers navigate “an alternative, more inclusive path” for fulfilling experience requirements that are said to have contributed to a lack of diversity. Continue reading

AREAA takes fight against Florida foreign buyer ban to court

The Asian Real Estate Association of America (AREAA) has escalated its fight against the State of Florida’s foreign buyer ban through a federal fair housing discrimination lawsuit filed Monday. This is the third lawsuit, and first federal suit, against… Continue reading

AREAA takes fight against Florida foreign buyer ban to court

The Asian Real Estate Association of America (AREAA) has escalated its fight against the State of Florida’s foreign buyer ban through a federal fair housing discrimination lawsuit filed Monday. This is the third lawsuit, and first federal suit, against… Continue reading

Douglas Elliman fair housing case reveals agent confusion over law

A discrimination lawsuit filed in August by Shaniqua Newkirk, a Black Section 8 voucher recipient, against several Douglas Elliman agents has brought to light misconceptions about agent obligations when it comes to fair housing. Continue reading

Do you recognize housing discrimination when you see it?

Safe, affordable housing should be accessible for everyone, writes new contributor Nora Crosthwaite. As Realtors, our responsibility is to our clients, no matter who they are. Continue reading

Will chatbots make housing discrimination worse?

New artificial intelligence technology can recommend real estate listings based on neighborhoods’ ethnic makeup. Experts are worried about the tech’s potential for discrimination. Continue reading

Why the new fair housing training requirement is good for business

According to Julia Lashay Israel, Keller Williams’ head of inclusion and belonging, by fostering an inclusive and equitable housing market, real estate businesses can attract a diverse clientele, enhance their reputation and contribute to a more prospe… Continue reading

Park National Bank latest lender to settle federal redlining charges

The Ohio bank’s $9 million pledge to promote ownership in Black and Hispanic neighborhoods is the sixth since the DOJ launched an initiative to combat redlining in October 2021, with lawsuits generating $84 million in relief to date. Continue reading