February 9, 2012

A Historic Agreement to Right Wrongs

American families are all too familiar with the story: just when they thought they had achieved the dream of owning their own home, abuses in the financial and mortgage sector came back to haunt them and sent them spiralling into foreclosure – often through no fault of their own. Countless other families are still struggling […]

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December 21, 2011

Winning the Fight against Lending Discrimination

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In the largest fair lending settlement in history, today HUD Secretary Shaun Donovan joined Attorney General Eric Holder to announce a $355 million agreement with Countrywide Financial Corporation, a mortgage lender now owned by Bank of America. The case against Countrywide alleges that between 2004 and 2008, the company practiced lending discrimination against more than […]

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December 14, 2011

Daily Housing News Round-Up

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Home of the day: Newly opened senior apartments in Huntsville, AL.   Secretaries Donovan, Sebelius and Solis discuss the Administration’s progress on ending homelessness. Lawsuit filed against Miami based realtors accused of discriminatory housing practices. Improve your home value by going green. Knoxville, TN offering rebates for energy-efficiency updates to its residents. And signs of […]

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