Housing rights advocates said minority home-buyers and homeowners in 39 U.S. metropolitan areas will receive the funds as a result of a legal action alleging racial discrimination in the government-sponsored enterprise's foreclosure practices.

The researchers found that the disparities that emerged from the analysis of 1.8 million appraisals from 2019 and 2020 were statistically significant.

The company will be restructuring its executive team as it prepares to go public, with the board looking for a new chairman and a new president.

Branches across the country have closed temporarily, or switched to drive-thru service, as infections and quarantine rules have forced many bank workers to stay home.

Experts discuss the proliferation of chief diversity officers across the industry and what it may mean for future progress in diversity.

Wayne County, Michigan's use of Delinquent Tax Anticipation Notes is an extreme example of a nationwide phenomenon: Local officials use fines and foreclosures or tax lien sales as cudgels against people who haven’t paid their property taxes. Some municipalities’ efforts to securitize or sell the debts have led to a broad, upward transfer of wealth that’s rooted in fundamentally unfair tax systems.

A Dallas policy that is supposed to tackle affordable housing shortages doesn't do enough to address systemic racial and economic barriers residents face, according to a new report.

The Federal Housing Finance Agency found several comments that could lead to fair lending concerns in the “neighborhood description” section of reports.

CFO Kevin Ryan will handle the day-to-day running of the company, as it works toward going public via its revised SPAC merger.

Some states are increasing their requirements for home valuation professionals as housing officials warn that they consider mortgage lenders responsible for equitable practices too.

CalHFA’s executive director Tiena Johnson Hall discusses her agenda for encouraging affordable housing development in the inventory-strapped state.

Solidifi will team up with the initiative originally launched by the National Urban League and Fannie Mae.

The fintech’s algorithms are programmed like "Tesla’s self-driving cars," according to the company’s CEO.

Just to keep up with the growing demand for houses, 61,000 people need to be hired per month to cover attrition, the Home Builders Institute claimed.

A crackdown is coming at a particularly awkward time for the financial industry: bankers are pressing government authorities to approve mergers and acquisitions at one of the fastest clips since the 2008 financial crisis and to get their paydays linked to those deals, more executives may feel pressure to resolve government claims.

The Indiana company told investors that it’s ready to complete its combination with First Midwest Bancorp but that it’s unclear whether a recently filed mortgage discrimination lawsuit will get in the way of Fed approval.

Industry professionals share their experiences of racism and sexism on the job and offer the best ways to help eliminate it.

The organizations have created the Racial Equity Accelerator for Homeownership, a two-year incubator for the development of innovations to address racial inequality in wealth and housing.

Minorities are expected to drive future homeownership growth, but the corporate suites have yet to catch up with demographics

Despite BLM, #MeToo and other movements for equality and justice, employers don't understand enough about the impact of neglecting DEI on company health.