Mortgage Lender Settles HUD Maternity Discrimination Suit
PNC Bank, a mortgage bank based in Trumbull, CT, will have to pay $15,000 to a couple who was denied a home loan because one person in the couple was on paid maternity leave through her employer.
Owner, Developer, and Builder Charged for Discrimination
On October 4, 2012, the US Department of Housing and Urban Development (HUD) stated it was charging an owner, builder and developer of a multiple housing unit in Missoula, Montana, for housing discrimination.
HUD Issues Three NY Disaster Recovery Plans
On October 1, 2012, the Department of Housing and Urban Development announced that several communities in New York are receiving over $93 million of emergency aid for recovery efforts from Hurricane Irene and Tropical Storm Lee.
NM Landlord Discriminated Against Disabled Tenant
On October 2, 2012, the Department of Housing and Urban Development (HUD) stated a New Mexico landlord in Albuquerque is being charged for violating the Fair Housing Act.
Survey of Unbanked and Underbanked Now Published
The Federal Deposit Insurance Corporation (FDIC) released the 2011 National Survey of Unbanked and Underbanked Households on September 12, 2012.
The Slow Decline of the Chinese Real Estate Market While in the United States, the real estate values of residential homes in many areas seemingly plummeted overnight, whereas China is facing a steady decline that is slowly sinking their real estate market values.
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