HUD to ‘punish’ appraisers and lenders who discriminate

One month after the Biden administration announced its $86 million five-point plan to combat racial discrimination in the lending and appraisal industries, the Department of Housing and Urban Development has released its own equity action plan that out… Continue reading

Citi pledges to serve more minority homebuyers

The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods. Continue reading

Hispanic homeowners made up more than a third of all new households over the last decade

Hispanic Americans accounted for more than a third of all household formation over the last decade, and were the first minority demographic to make homeownership gains after the recession, according to a new report. Continue reading