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
Regulators alleged statements made by hosts of Townstone Financial's call-in show discouraged 'prospective' African-American applicants from seeking mortgage loans
Biggest redlining settlement in DOJ history is 5th enforcement action since launch of initiative to combat redlining in 2021, with $75M in relief to date. Bank denies it engaged in redlining
'The Association was wrong.' The trade group says it's taking 'bold action' to address the legacy of discrimination that continues to impact access to housing today
The new zero down, zero closing cost mortgage Community Affordable Loan Solution is part of a $15B commitment to help 60,000 individuals and families purchase homes by 2025
This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history
Opinion
To keep the American experiment vital and vibrant, we need buy-in from folks who are getting overlooked in the current market
The tenant screener violated the Fair Housing Act for years as it doled out disproportionately low scores to Black and Hispanic rental applicants with housing vouchers, a new federal lawsuit says
In the first quarter of 2022, just under 45% of Black families owned their home, compared to 74% of white families, according to a Redfin analysis of US Census Bureau data released Tuesday
The lender says credit scores, home appraisals and broader inequities in the U.S. economy explain the higher approval rates for white borrowers
The company cited the real estate industry's history of redlining, as well as the potential to reinforce racial bias, as reasons to abandon crime data on search portals and other websites
Zillow Group's 2021 Consumer Housing Trends Report breaks down what buyers looked like in 2021, what they wanted most and how that compared to previous years
The Atlanta Realtors Association issued the first apology in its 111-year history to members and the communities they serve for its history of discriminatory practices while making a commitment to supporting an inclusive community in the future
The president-elect of the National Association of Real Estate Brokers dives into the continued fight for fair housing and how the industry can help
The funds, for which Black residents of Evanston between 1919 and 1969 qualify, can be used for various housing costs, like a down payment, home improvements and late penalties