Mortgage Giant Fannie Mae Accused of Racial Discrimination in 38 U.S. Metro Areas
Fair Housing Advocates of Northern California, National Fair Housing Alliance, and 19 Civil Rights Groups File Federal Lawsuit Over Neglected Foreclosures
Power Point video presentation available at here.
SAN RAFAEL, CA -Today, Fair Housing Advocates of Northern California (formerly Fair Housing of Marin), the National Fair Housing Alliance (NFHA) and19 other local fair housing organizations from across the United States filed a housing discrimination lawsuit against Fannie Mae in federal district court in San Francisco, California. The lawsuit alleges that Fannie Mae maintains and markets its foreclosures (also known as real estate owned or "REO" properties) in white neighborhoods consistently better than in middle- and working-class African American and Latino 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.
Download a complete PDF version of the Press Release and photos here.
Fair Housing Advocates of Northern California is a non-profit organization serving several Bay Area counties that provides free counseling, enforcement, mediation, and legal or administrative referrals to persons experiencing housing discrimination. Fair Housing Advocates of Northern California also offers foreclosure prevention services advice, seminars to help housing providers fully understand fair housing law and education programs for tenants and the community at large. Fair Housing Advocates of Northern California is a HUD-Certified Housing Counseling Agency.
The mission of Fair Housing Advocates of Northern California is to ensure equal housing opportunity and to educate the community on the value of diversity in our neighborhoods.