Fair Housing Act: Accommodations Explained

jacksonvillespropertymanagemen... jacksonvillespropert... | 2 years ago

Learn about the reasonable accommodations under the Fair Housing Act and how that applies to tenants and landlords. We will discuss requirements and responsibilities for both the owner and the tenant.Hi, my name is Angela Huggins,...

housingwire housingwire | 1 year ago

To settle the Fair Housing Act lawsuit, Redfin will eliminate a minimum home price for service in order to serve more non-white homebuyers. The post Redfin settles Fair Housing Act lawsuit appeared first on HousingWire.

Tips to Avoid Violating the Fair Housing Act

Realiff Academy Realiff Academy | 2 years ago

As you may know, there is a federal law enacted in 1968 that bans discrimination in the purchase, sale, rental, or financing of housing—private or public—based on race, skin color, sex, nationality, or religion. It is called the Fair Housing Act. So, what should we do in order to avoid violating the Fair Housing Act? Here are some tips:Keep the contract in mindFocus on objective informationProceed with cautionTalk to your agentKnow your state law

Meta to settle with DOJ over Fair Housing Act claims

housingwire housingwire | 1 year ago

Meta, formerly known as Facebook Inc., agreed to settle allegations that its in-house advertising system is discriminatory. The post Meta to settle with DOJ over Fair Housing Act claims appeared first on HousingWire.

What Is Fair Credit Reporting Act (FCRA)? – Expert Overview

compareclosing compareclosing | 1 year ago

Introduction to Fair Credit Reporting Act Many consumers may not be aware or just beginning to become aware of the power and influence that these credit bureaus have over the market. If you are diving...

Who's Who in Luxury Real Estat... Who's Who in Luxury ... | 2 years ago

April is Fair Housing Month and it’s imperative to remain educated about this topic. Discrimination in the real estate industry is prevalent in people’s daily lives. Keep reading to find out more and ways you can educate yourself and help to solve this ongoing issue... Read the full article over at the Kentwood Real Estate blog >

FCA secures £2m win under Proceeds of Crime Act

constructiondive constructiondive | 2 years ago

QPay Europe Limited, has consented to a court order to give up £2m held in its name, following legal proceedings brought by the Financial Conduct Authority (FCA) under the Proceeds of Crime Act. The FCA had raised concerns following an application by QPay to become a regulated firm in March 2020. QPay has since withdrawn its application to be regulated by the FCA. The money had been frozen since proceedings begun following seven freeze orders granted in October and December 2020. The FCA claim...

Trident Mortgage slapped with $24.4 million redlining fine

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Trident Mortgage, a now-defunct lender owned by Berkshire Hathaway, has agreed to pay $24.4 million for engaging in redlining and discriminating against minorities in the greater Philadelphia metro area, federal and state regulators said Wednesday. The Justice Department, Consumer Financial Protection Bureau and three state attorneys general announced at a news conference that Trident discouraged prospective minority applicants from applying for home loans in Philadelphia, Camden, New Jersey, ...

learnwithlee learnwithlee | 1 year ago

Fair Housing DECODER© Certificate Did you know Dr. Lee has been fondly dubbed "The Fair Housing Equalizer"? (Thanks for that fun moniker Atlantic Bay Mortgage Group!)If you have been to one of Dr. Lee's workshops, then it is likely no surprise that many (in-person and via web...

Regulators should support adoption of fair-lending algorithms

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

In 1869, the English judge Baron Bramwell rejected the idea that “because the world gets wiser as it gets older, therefore it was foolish before.” Financial regulators should adopt this same reasoning when reviewing financial institutions’ efforts to make their lending practices fairer using advanced technology like artificial intelligence and machine learning.If regulators don’t, they risk holding back progress by incentivizing financial institutions to stick with the status quo rather...