“The Fair Housing Act prohibits both intentional housing discrimination and housing practices that have an unjustified discriminatory effect because of race, national origin, or other protected characteristics,”say HUD’s newly-released guidelines. “Because of widespread racial and ethnic disparities in ...
The defendant mortgage lenders participated in a federal program sponsored by the United States Department of Housing and Urban Development (“HUD”) that allowed the lenders to make mortgage loans that are insured by the Federal Housing Administration (“FHA”) in the event of default. The defend...
Greystone, a leading national commercial real estate lending, investment, and advisory firm, announced it has provided approximately $105 million in total HUD-insured financing to preserve over 480 units of affordable housing in New York City.Greystone provided a $54,965,400 HUD-ins...
Wallison stated his belief that the roots of the financial crisis can be traced directly and primarily to affordable housing policies initiated by the US Department of Housing and Urban Development (HUD) in the 1990s and to massive risky loan purchases by government-sponsored entities Fannie Mae ...