It is no secret that the COVID-19 pandemic affected nearly every facet of the economy and the people that live in it. But the pandemic didn’t affect everyone equally—Americans of color, most notably Black Americans, have been disproportionately affected by ...
Read More »Minorites Found to Pay Higher Application, Security Deposit Fees
Finding a place to rent is harder than anytime since 1984 as the low number of available units means that each available unit is receiving multiple applicants. While the Fair Housing Act prevents discrimination based on race, sex, nationality, or ...
Read More »Debt and the Widening Black Homeownership Gap
Black homeownership is at its lowest level in decades, and according to new research, this is especially true for younger black potential homebuyers.
Read More »What’s Behind Racial Disparities in Homeownership?
Find out why the homeownership gap between black and white homeowners has widened to its largest level in over 50 years.
Read More »What’s Holding Black Homeownership Back?
Since the 1968 Fair Housing Act became law, the black homeownership rate has neither increased nor decreased significantly. What are the factors contributing to this ongoing issue?
Read More »Industry Group Takes Step Toward Diversity
Thanks to one of REO’s biggest professional groups, the mortgage industry has taken a significant step in diversity and inclusion. The Federation of REO Certified Experts announced the launch of its Diversity Council on Wednesday, a group that aims to “advance conversations on diversity and inclusion.” The group is made up of six committees, including ones for Latino, African American, women, LGBT, veteran, and Asian REO professionals.
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