Skip to main content

NACEDA Executive Director Jane DeMarines: Bailout should not reward perpetrators; should be matched with help for homeowners

National Mortgage Professional
Sep 25, 2008

HUD charges Atlanta area real estate agent and company with racial steering in the sale of homesMortgagePress.comHUD, racial steering, home sales, Rodney Foreman, Fair Housing Act, National Fair Housing Alliance, Kim Kendrick The U.S. Department of Housing and Urban Development has announced that it has charged Rodney Foreman, a real estate agent formerly employed by Coldwell Banker-Joe T. Lane Realty Inc., in Jonesboro, Ga., with racial steering in the sale of homes. HUD's investigation found that Foreman steered whites and African-Americans posing as homebuyers to different neighborhoods based on their race. HUD has also charged Coldwell Banker-Joe T. Lane Realty Inc., with violations of the Fair Housing Act based on the discriminatory actions of Foreman. Foreman's discriminatory actions were exposed during undercover testing by the National Fair Housing Alliance (NFHA), a fair housing organization with 20 years of experience in fair housing testing. NFHA sent white and African-American testers to Coldwell Banker-Joe T. Lane Realty Inc., posing as potential homebuyers looking to relocate to the Atlanta area. Foreman allegedly refused to show white testers homes in African-American neighborhoods and made derogatory statements about black residents. Foreman allegedly told one of the white testers that he had two sets of listings-one for white homebuyers and another for African-Americans. While investigating the NFHA claims, HUD filed its own complaint to ensure HUD's ability to obtain relief for victims who have not been identified. "Since the passage of the Fair Housing Act 40 years ago, one of the highest priorities of the Department of Housing and Urban Development has been to combat housing discrimination," said Kim Kendrick, HUD Assistant Secretary for Fair Housing and Equal Opportunity. "In the 21st century, steering should be something of the past. This case shows why HUD's enforcement actions are crucial to eliminate housing discrimination." The HUD charge will be heard by a United States Administrative Law Judge unless any party to the charge elects to have the case heard in federal district court. If an administrative law judge finds after a hearing that discrimination has occurred, the judge may award damages to each complainant for actual loss as a result of the discrimination, as well as damages for emotional distress, humiliation, and loss of civil rights. The judge may also order injunctive and other equitable relief to deter further discrimination, as well as the payment of attorney fees. In addition to the money damages payable to the complainant, the judge may impose a civil penalty in order to vindicate the public interest. In the event that one of the parties elects to proceed in federal district court, punitive damages may also be awarded to a prevailing complainant. For more informaiton, visit
Sep 25, 2008
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021