Groups slam CFPB's bid to undo fair lending settlement as 'dangerous'
Consumer groups are trying to stop the Trump administration from vacating a settlement the government reached with a Chicago mortgage broker days before the November election
by Matt Carter Apr 22
CFPB cites DEI in push to kill $105k settlement with mortgage broker
Acting director Russell Vought claims bureau 'abused its power' in redlining case against Townstone Financial that dragged on for 4 years, to 'further the goal of mandating DEI in lending'
by Matt Carter Mar 28
Women, Wealth and Real Estate: Pat Heller's real estate calling
Coach Melanie Klein profiles this brokerage leader and her belief in the limitless opportunities the real estate industry provides for women
by Melanie Klein Mar 26
Women, Wealth and Real Estate: How Daniela Pagani takes control
As women like this Chicago luxury broker step into real estate, Melanie Klein writes, they continue to redefine success and carve out pathways to lasting financial independence
by Melanie Klein Mar 24
This Women's History Month, make your DEI outcomes measurable
Standardize planning with a simple DEI checklist, Dr. Lee Davenport writes, and share measurable outcomes along with personal feedback and stories from each event
by Lee Davenport Mar 18
Redlining settlement wouldn't resolve 1st Amendment questions
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
by Matt Carter Oct 25
Fairway blasts federal regulators in $10M redlining settlement
Nation's third biggest lender casts itself as a victim of politics, noting Consumer Financial Protection Bureau launched its investigation the day after Biden Administration took office
by Matt Carter Oct 16
LoanDepot settles high-profile appraisal bias lawsuit filed in 2022
Lender revises appraisal policies and practices in wake of lawsuit by Baltimore couple who claimed their home was undervalued by more than $250,000 because they were Black
by Matt Carter Mar 27
Talking money is 'a form of protest,' financial expert Tori Dunlap says
With 1.9M Instagram followers and a best-selling book, financial expert Tori Dunlap sits down with Rachael Hite to share how she’s educating women on talking about money — out loud
by Rachael Hite Mar 8
How 50 years of equal credit spurred women's homeownership
New Inman contributor Bobbie Wasserman writes that in the 50 years since passage of the Equal Credit Opportunity Act, women have become an intergenerational economic powerhouse
by Bobbie Wasserman Jan 2
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
by Matt Carter Dec 22
Park National Bank latest lender to settle federal redlining charges
The Ohio bank's $9M pledge to promote ownership in Black and Hispanic areas is the 6th since the DOJ launched an initiative to combat redlining in 2021 that has generated $84M in relief
by Matt Carter Mar 3
Court tosses redlining suit sparked by mortgage broker's radio show
Regulators alleged statements made by hosts of Townstone Financial's call-in show discouraged 'prospective' African-American applicants from seeking mortgage loans
by Matt Carter Feb 8
Wells Fargo exiting correspondent mortgage lending business
Executives hope to reduce risk by reducing the size and narrowing the focus of bank's mortgage business to better serve retail customers and minority communities
by Matt Carter Jan 11
Nationwide appraisal ethics rule changes postponed until 2024
The Appraisal Foundation’s Appraisal Standards Board says it needs more time to assess proposed changes designed to close the door to discrimination
by Andrea V. Brambila Aug 19