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The consumer agency alleges Townstone Financial's CEO and president made statements on a radio show discouraging applicants living in Black neighborhoods from seeking home loans.
July 15 -
He co-founded California Rural Legal Assistance, Public Advocates and the Greenlining Institute.
July 14 -
The existing framework should not be revised until a consensus has been achieved among stakeholders, including civil rights experts, according to Quicken.
July 13 -
A bevy of housing advocates spoke against President Trump's threat to remove the Affirmatively Further Fair Housing Rule, a regulation that aims to end racial segregation.
July 2 -
The gap between Black and white homeownership rates is extremely wide in some areas, and it could get worse if the industry fails to proactively address local and national inequities.
June 30 -
For potential higher-end homebuyers, the pandemic was merely a pause, but for those seeking affordable properties — often people of color — it created yet another barrier.
June 23 -
How the mortgage and housing industries react to the current civil rights moment could shape policies and bridge the homeownership divide for the Black community.
June 19 -
As protesters continue to take to the streets to express outrage over racial injustice and inequality, banks — for the first time — will commemorate the date that marks the end of slavery in the U.S.
June 16 -
Though outlawed by the Fair Housing Act in 1968, the racist housing practice perpetuated a wealth gap for Black people still widening today.
June 12 -
IBM called for rules aimed at eliminating bias in artificial intelligence to address concerns which range from identifying faces in security-camera footage to making determinations about mortgage rates.
January 21