Fannie Mae Fails to Maintain Foreclosures in African American and Latino Neighborhoods

Mon, Dec 5, 2016

WASHINGTON, D.C. — Today, HOPE Fair Housing Center joins the National Fair Housing Alliance (NFHA) and 19 other local fair housing organizations from across the United States to file a housing discrimination lawsuit against Fannie Mae in federal district court in San Francisco, California. The lawsuit alleges that Fannie Mae purposely fails to maintain its foreclosures (also known as real estate owned or “REO” properties) in middle- and working class African American and Latino neighborhoods to the same level of quality it does for foreclosures it owns in white middle- and working-class neighborhoods. The data supporting the federal lawsuit, which includes substantial photographic evidence, shows a stark pattern of discriminatory conduct by Fannie Mae in the maintenance of its foreclosures.

View Press Release

View overview of Fannie Mae owned foreclosures in Metropolitan Chicago

  • Share It!
« previous 10 - next 10 » (1 total)