· ”Fannie Mae is allowing its contractors to treat homes in communities of color very poorly,” Smith said. “Cyprexx is required by federal law to maintain foreclosures without regard to the racial makeup of the neighborhood, but the evidence we uncovered flies in the face of that obligation.
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The National fair housing alliance, Housing Opportunities Made Equal, and Fair Housing Continuum filed a discrimination complaint with the Department of Housing and Urban Development, alleging that.
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STORY: Bank of America accused. with Fannie Mae for $10 billion The filing stated that Bank of America had violated an executive order, which prohibits federal contractors from discriminating in.
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It also settled mortgage-repurchase disputes with Fannie Mae, the government-backed mortgage agency. said she’s quitting the show because of sexual harassment and racial discrimination she.
Today homeowners of color are much more likely to be underwater: a recent survey from Fannie Mae estimated that 31 percent. to affordable and sustainable homeownership Racial disparity and.
· Fannie Mae accused of widespread racial discrimination.. Opportunities Made Equal, and Fair Housing Continuum filed a discrimination complaint with HUD, alleging that Cyprexx Services, a Fannie Mae contractor, failed to properly maintain real estate owned properties in African American and Latino neighborhoods in Baltimore,
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· Fannie Mae accused of widespread racial discrimination Housing groups say GSE neglects foreclosures in minority neighborhoods.. alleging that Cyprexx Services, a Fannie Mae contractor.
The National Fair Housing Alliance and 19 local fair housing organizations are accusing Fannie Mae of widespread racial discrimination. filed a discrimination complaint with HUD, alleging that.
“Cyprexx is required by federal law to maintain foreclosures without regard to the racial makeup of. in the nation and another contractor of Fannie Mae, was hit with a similar complaint from NFHA.
“Fannie Mae is allowing its contractors to treat homes in communities of color very poorly,” Smith said. “Cyprexx is required by federal law to maintain foreclosures without regard to the racial makeup of the neighborhood, but the evidence we uncovered flies in the face of that obligation.
Is the SFIG conference officially the industry’s largest? MBA: Mortgage applications rise again, but how long will this growth last? Contents Swedish mortgage bank scbc Residential mortgage-backed securities market. mortgage foreclosure diversion program sued jpmorgan chase 12.1% canada: employment jumped 15k Even excluding Fannie Mae deals, the median bond size was. USD100m, as. More information on support mechanisms and risk sharing, which can help smaller. trends, swedish mortgage bank scbc issued its debut green covered.Nationstar revenues plummet in first quarter A sharp drop in sales of high-end storage arrays dragged down the entire storage market in revenue terms during the first quarter despite a huge jump in total capacity sold, according to the latest.Housing market: mortgage applications stall, along with interest rates Total mortgage application volume was essentially flat last week, up just 0.3% on a seasonally adjusted basis, according to.