A reauthorized version of the Older Americans Act (OAA), originally passed by Congress and signed into law by President Lyndon Johnson in 1965, has passed the Senate and is now making its... Read more »
Latinos in California face significant disparities in income, homeownership and education compared with their counterparts in other states with substantial Latino populations such as Texas and Florida. Our state’s housing crisis is... Read more »
The U.S. Department of Justice (DOJ) announced this week that it has secured a $2.4 million settlement from James B. Nutter & Co., aka Nutter Home Loans, to resolve allegations that the... Read more »
The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced that it awarded $30 million in grants to fair housing organizations across the nation, which will go to “support the... Read more »
The now defunct First Guaranty Mortgage Corporation (FGMC) and former employees – who sued the mortgage lender in a class-action suit after an abrupt layoff – are seeking a Delaware bankruptcy judge... Read more »
The Free Market Mortgage Act of 2023 is a contentious piece of legislation aimed at deregulating the mortgage industry and fostering greater competition among lenders. Proponents believe it will lead to decreased... Read more »
The Office of the Comptroller of the Currency, the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977 Community Reinvestment Act (CRA), which addresses systemic inequalities in... Read more »