Appraisal bias suit against Rocket Mortgage, Solidifi moves forward

Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals. Continue reading

Ex-CEO accused of embezzlement sues association ahead of trial

Michael Mercurio, the former CEO of the Greater San Diego Association of Realtors and San Diego MLS, alleges wrongful termination as a separate suit against him is set to go to trial in October. Continue reading

Black homesellers get better offers with iBuyers, but there’s a catch

A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs. 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

LGBTQ+ Real Estate Alliance touts ‘Stop Hate in Real Estate’ initiative

The LGBTQ+ Real Estate Alliance is partnering with the California Association of Realtors, AREAA and NAHREP to combat real estate discrimination against homebuyers from diverse communities. Continue reading

Brown Harris Stevens ordered to pay agent $787K for discrimination

Retaliation for filing a discrimination complaint violates federal law, even if the agent is an independent contractor, judge says. BHS has vowed to appeal. Continue reading

At Bespoke Real Estate, racial slurs were part of the job, new suit claims

Jarret Willis, a Black agent who worked at the Hamptons-based luxury brokerage, was smeared by epithets, including “Jafar” in reference to the “Aladdin” Disney movie, a white colleague claims. Continue reading

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

Fair Housing Month and the elephant in the room: Real (Estate) Talk

When we talk about fair housing, we primarily focus on its effect on buyers and sellers. Lee Davenport makes the case for why fair housing extends to the inclusion of underrepresented real estate pros. Continue reading