Patriot Bank denies DoJ redlining allegations, settles for $1.9M

Government alleges competitors in Patriot’s peer group made home loans in minority areas of Memphis at almost three times the rate of Patriot from 2015 to at least 2020. Continue reading

How this Florida legislation could lead to more sustainable housing

Attorney and new Inman Contributor Rachel Streitfeld examines how changes to Florida’s zoning laws could free up vast tracts of land for high-density new home construction. Continue reading

David Stevens, influential leader in mortgage finance, dies at 66

The former FHA commissioner also held executive positions at World Savings Bank, Freddie Mac, and The Long and Foster Companies before leading the Mortgage Bankers Association. Continue reading

Navy Federal faces lawsuits over discriminatory lending allegations

Lawmakers are demanding a federal investigation in the wake of a CNN analysis that concluded the nation’s largest credit union denied more than 50 percent of Black mortgage applicants in 2022. Continue reading

The real estate agent’s ultimate guide to fair housing

Real estate agents play a vital role in creating a fair and inclusive housing market, writes Julia Lashay Israel. By understanding and adhering to fair housing laws, agents contribute to eliminating discrimination and promoting equal opportunities for … Continue reading

How cities and homeowners zoned themselves into a housing crisis

Los Angeles is one of many cities that dramatically reduced its own housing capacity over decades via a series of 20th century city planning initiatives, including homeowner-led downzoning efforts. Continue reading

Salt Lake City: The utopian community that (sort of) worked

Utah’s capital was founded as a religious refuge and built according to spiritual ideals. But it has evolved dramatically, offering a compelling glimpse of what successful urban planning looks like. Continue reading

How our utopian dreams became the stuff of dystopian nightmares

In the 19th century, many people had a utopian view of the future, as well as fantastic visions of future cities. Then something shifted and we’ve been obsessed with dystopias ever since. Continue reading

Developer accused of marketing in Spanish, closing in English

Colony Ridge, the developer of more than 40,000 lots northeast of Houston, says its clients have no opportunity to get a loan from anyone else and dismisses federal lawsuit as baseless. Continue reading

1 in 4 agents are fielding client commission queries now: Triple-I

Brokerages have sprung into action as commission lawsuits proliferate — and not a moment too soon, according to the results of November’s Inman Intel Index survey, released Wednesday. Continue reading