Links in “Fair Housing Act”

The Justice Department has been cracking down on banks for defective FHA loans. Wells Fargo just announced it is raising minimum credit scores on FHA loans, which will mean fewer loans that are "close to the most accommodative end of the credit spectrum." [9/18/15]

Mid-Atlantic lender M&T Bank settles with the Fair Housing Justice Center over allegations that it would "steer" borrowers to particular neighborhoods or loans based on their race or national origin. [9/2/15]

Report finds that the FHA's proposed servicing reforms would "raise the cost and increase the uncertainty of servicing delinquent FHA loans," and in so doing affect access to credit. [9/1/15]

Fair housing will be getting some increased attention in Washington, D.C. next month when HUD hosts a conference called "A Call to Advance Housing Rights and Opportunities." Disparate impact is expected to be a key topic of discussion. [8/27/15]

Fair housing is an issue that everyone can relate to, and HUD has finalized a rule which will further the arm of fair housing. HUD’s final rule is meant to provide better protection and communication when it comes to the Fair Housing Act. [7/16/15]

HUD announced the release of its final rule entitled Affirmatively Furthering Fair Housing that is designed to equip communities that receive HUD funding with data and tools to help them meet long-standing fair housing obligations in their use of HUD funds. The final rule has received strong affirmation from civic and housing leaders nationwide with highlights presented in the release. [7/10/15]

The HUD announced a new final rule to help communities receiving HUD funding to meet fair housing obligations. The rule creates a streamlined Assessment of Fair Housing planning process to assist in analyzing fair housing choice challenges and determine responses to fair housing barriers. [7/9/15]

HUD has finalized a rule which clarifies and simplifies existing fair housing obligations and is designed to help communities analyze and address fair housing challenges. [7/8/15]

The U.S. Supreme Court has ruled that disparate impact claims can legally be brought under the Fair Housing Act. Disparate impact means that even if business practices are on their face neutral in regards to the prohibited bases (such as race) if they can be shown to adversely impact a protected group, a legal claim can be brought. This is a big deal. [6/25/15]

The Department of Justice sued Quicken for making hundreds of improper loans through FHA. But the nation's third-largest mortgage lender has a few lawyers of its own and shot back with its own complaint saying it was being pressured into making admissions that were "blatantly false." [4/24/15]