Redlining, steering, misogyny and fear: How the industry lost its way
Opinion
'Our original mission was to provide shelter and security to our communities,' writes Teri Conrad, a 16-year industry vet. 'But somewhere along the way, we got lost in pursuing wealth and power'
by Teri Conrad Aug 29
Do you recognize housing discrimination when you see it?
Safe, affordable housing should be accessible for everyone. As Realtors, our responsibility is to our clients, no matter who they are
by Nora Crosthwaite Aug 15
US Bank, UWM join movement to boost minority lending
With Fannie and Freddie leading the charge, a growing number of lenders are using special purpose credit programs to boost homeownership in underserved communities
by Matt Carter Jul 13
Will chatbots make housing discrimination worse?
New artificial intelligence technology can recommend real estate listings based on neighborhoods' ethnic makeup. Experts are worried about the tech's potential for discrimination
by Jim Dalrymple II Jun 20
Veros says its AVM isn't tripped up by historical redlining boundaries
Study finds that homes located within historically redlined neighborhoods tend to have lower property values because they have less living space and smaller lot sizes
by Matt Carter Jun 16
NAR: We're committed to ending discrimination in real estate
Opinion
In response to an Inman column Tuesday questioning the National Association of Realtors' response to discriminatory practices, NAR CEO Bob Goldberg defended the group's track record
by Bob Goldberg Jun 15
Redlining and steering continue to plague housing. So where's NAR?
Opinion
By backing its membership and ignoring bad actors, the National Association of Realtors has set itself up for government oversight and intervention, writes Revaluate co-founder Chris Drayer
by Chris Drayer Jun 13
Keller Williams, eXp Realty, others sued over alleged discrimination
The new lawsuit claims that a host of big-name real estate companies, as well as various landlords, refused to accept Section 8 vouchers for lower-income renters
by Jim Dalrymple II Jun 1
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
Gavel over one hundred dollar bills represents Newrez' settling a complaint
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
by Matt Carter Jan 13
California Association of Realtors apologizes for racist past policies
'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
by Andrea V. Brambila Oct 20
Bank of America zero-down loan marketed to Black, Latinx buyers
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
by Matt Carter Sep 1
Berkshire Hathaway-owned lender settles redlining case with DOJ
This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history
by Taylor Anderson Jul 27
It’s up to us to keep the American dream alive and well
Opinion
To keep the American experiment vital and vibrant, we need buy-in from folks who are getting overlooked in the current market
by Troy Palmquist Jul 2