AgentMortgage

Everything real estate professionals need to know about the Fair Housing Act

Five decades after the landmark law was enacted, it still impacts all real estate professionals on a daily basis

Real estate agents who work for one of the nation’s largest real estate brokers in Mississippi are facing allegations that they steered qualified black homebuyers from high-income neighborhoods in Jackson. One of the nation’s top mortgage lenders stands accused of denying prospective Latino borrowers’ requests to speak with loan officers and quoting them higher monthly payments and closing costs than white borrowers. A 2015 Supreme Court decision greenlighting lawsuits filed over real estate actions that have a discriminatory effect, despite having no evidence of discriminatory intent, still has many people talking about its application to the real estate marketplace. And many in the real estate industry are concerned about the implications of recent Department of Housing and Urban Development (HUD) guidance on how to handle criminal background checks when making decisions about real estate sales, rentals and financing. All of these events have one thing in common: ...