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The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act.January 7
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The two Democrats sent a letter "raising grave concerns about whether the bureau is fulfilling its statutory obligations."December 18
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Better.com saw huge growth in mortgages to traditionally underserved customer bases in 2019 and believes digital applications led to the avoidance of discriminatory lending.December 17
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Despite assurances by Director Kathy Kraninger that the agency is cracking down on discrimination, it has not filed an enforcement action or sent a Department of Justice referral on a fair-lending violation in two years.December 17
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House Democrats described the disparate impact standard as "the most important tool" for enforcing the Fair Housing Act.November 22
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Eric Blankenstein, who resigned from the Consumer Financial Protection Bureau in May after the discovery of his racially charged writings, was named acting executive vice president of Ginnie Mae.November 8
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Gentrification and rapid home price growth have intensified the loss of wealth the African-American community experienced post-crisis, widening the chasm between what white and black borrowers can afford, Redfin found.October 17
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Institutions that offer fewer than 500 open-end lines of credit will get another two-year exemption from reporting requirements under the Home Mortgage Disclosure Act.October 10
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Simone Grimes had alleged former FHFA Director Mel Watt made inappropriate advances toward her and she was paid less than the man who had previously held her position.September 27
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More than half of recent, as well as prospective, first-time homebuyers said purchasing a house was more difficult than it should be, according to a survey for Framework.September 25
