Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request “a Pandora’s box the court refuses to open.” …
Posts published in “disparate impact”
President Trump’s second term is a second chance at overturning Obama-era housing discrimination policies. Housing advocates fear he will succeed, effectively undermining 56 years of…
The Appraisal Foundation’s Appraisal Standards Board says it needs more time to assess proposed changes designed to close the door to discrimination. Source: Inman News
Wells Fargo is facing a potential class action lawsuit and heightened scrutiny by federal regulators, after a Bloomberg News analysis found the lender rejected requests…
Janette Miller of Miller & Perotti Real Estate Appraisals in California argues that the Fair Housing Act doesn’t apply to appraisers, but a federal regulator…
The New York-based startup helps lenders discover bias in algorithms and take a second look at rejected applicants using “cutting edge AI fairness techniques.” Source:…
Mortgage lenders are more likely to turn down homebuyers of color than white applicants with similar attributes, and algorithms are likely to blame, according to…
Biden executive order directs HUD to review the effects of its repeal of the 2015 Affirmatively Furthering Fair Housing rule and weakening of the “disparate…
Fudge, whose district includes parts of Cleveland and Akron, Ohio, lobbied to become the Secretary of the U.S. Department of Agriculture, according to Politico. Source:…
Judge says Trump administration housing discrimination rule appears to “make it easier for offending defendants to dodge liability and more difficult for plaintiffs to succeed.” …