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Home » Store » Inside FHA/VA Lending » Fair Housing Advocates Sue Fannie Mae for Alleged Discrimination in Foreclosure Maintenance Practices

Fair Housing Advocates Sue Fannie Mae for Alleged Discrimination in Foreclosure Maintenance Practices

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Fannie Mae has not treated its foreclosed properties in African-American and Latino communities the same as those in predominately white neighborhoods, according to a federal lawsuit filed this week by the National Fair Housing Alliance. The NFHA, along with 20 fair housing and civil rights groups, said its investigation found signs of racial discrimination when it comes to the upkeep and marketing of Fannie’s real estate-owned properties in 38 metropolitan areas across the country. These properties in minority neighborhoods were blighted...
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