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Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe

Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe

by Phil Hall | Oct 17, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Madison, Wisconsin-based Fairway Mortgage Corporation has agreed to a nearly $10 million settlement of redlining charges brought by the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB), with the company claiming the probe into its...
A Phil Hall Op-Ed: What’s Next for NAR’s Clear Cooperation Policy?

A Phil Hall Op-Ed: What’s Next for NAR’s Clear Cooperation Policy?

by Phil Hall | Oct 15, 2024 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Dark clouds have formed around the National Association of Realtors’ (NAR) Clear Cooperation Policy, with many prominent figures within the real estate industry calling for it to be jettisoned. However, it seems like an equal number of prominent...
Justice Dept. in $6.5 Million Redlining Settlement with Credit Union

Justice Dept. in $6.5 Million Redlining Settlement with Credit Union

by Phil Hall | Oct 11, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) announced its first redlining settlement with a credit union in its $6.5 million agreement with the $6 billion-assets Citadel Federal Credit Union. The DOJ alleged that Citadel failed to provide mortgage lending services to...
NAR Asks Supreme Court to Review DOJ Probe

NAR Asks Supreme Court to Review DOJ Probe

by Phil Hall | Oct 10, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The National Association of Realtors (NAR) has requested the U.S. Supreme Court to review whether the U.S. Department of Justice (DOJ) has the right to reopen an antitrust investigation that was resolved in a 2020 settlement. NAR’s writ of certiorari argues that the...
Justice Dept. Sues St. Louis-Area Property Owner for Discrimination Based on Criminal History

Justice Dept. Sues St. Louis-Area Property Owner for Discrimination Based on Criminal History

by Phil Hall | Oct 4, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The US Department of Justice (DOJ) filed a lawsuit against owners and managers of Suburban Heights Apartments, a residential rental property in the St. Louis suburb of Kinloch, Missouri, alleging that they discriminated against prospective Black tenants by banning...
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