Tag Archives: Redlining

Assault on the MLS: How the Compass-Redfin deal threatens the open market

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This isn’t about one company’s competitive edge, America Foy writes. It’s about whether the American real estate market remains an open, transparent system. Continue reading →

How Jesse Jackson predicted (and tried to stop) the 2007 crash

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The Rev. Jesse Jackson’s death marks the end of an era in U.S. civil rights movement leadership, but his warnings about predatory lending remain urgently relevant, Dr. Lee Davenport writes. Continue reading →

Brad Inman: ‘AI will be god-like,’ and other real estate predictions

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The Inman founder recently shared why he’s excited about the future of AI — and talked about what he sees coming next for real estate. Continue reading →

Government regulator lets BofA mortgage off the hook 3 years early

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The 2023 order, aimed at ensuring the collection of information about applicants’ race, ethnicity and gender, wasn’t scheduled to be lifted until 2028. Regulators say the bank has fulfilled its obligations. Continue reading →

Fairway Independent Mortgage buys itself a new Midwest division

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Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway as a division manager. Continue reading →

Groups slam CFPB’s bid to undo fair lending settlement as ‘dangerous’

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Fair housing and consumer groups are trying to stop the Trump administration from vacating a settlement the government reached with a Chicago mortgage broker just days before the November election. Continue reading →

Windermere reinforces DEI pledge with appointment of new director

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Brooks Glenn will serve as the Seattle-based brokerage’s diversity, equity and inclusion director. President OB Jacobi said Windermere “feels strongly” that now is the time to bolster DEI efforts. Continue reading →

When divisive political rhetoric crosses the fair housing line

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Costs and lawsuits are on the rise. Make sure that your marketing and practices don’t set you up for a fair housing violation or accusation with help from Dr. Lee Davenport. Continue reading →

Redlining settlement wouldn’t resolve 1st Amendment questions

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The CFPB claimed statements made by hosts of Townstone Financial’s AM radio call-in show and podcasts discouraged Black Chicago residents from applying for a mortgage. Continue reading →

The new redlining: Paying a buyer agent is just part of the challenge

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Now that buyer agency compensation rules are in place, Trina Gonzales-Van writes, the NAR, regulatory bodies and significant stakeholders must consider their impact on borrowers and determine whether these policies do more harm than good. Continue reading →