FHC JOINS NFHA AND 19 LOCAL FAIR HOUSING GROUPS IN FILING A FEDERAL LAWSUIT AGAINST MORTGAGE GIANT FANNIE MAE
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Washington DC- The Fair Housing Center of the Greater Palm Beaches (FHC) joined the National Fair Housing Alliance (NFHA) and nineteen fair housing organizations from across the country to announce the filing of a housing discrimination lawsuit against Fannie Mae in federal district court in San Francisco, CA. The civil rights groups allege that Fannie Mae fails to maintain its foreclosed homes (also known as real estate owned or “REO” properties) in middle- and working-class African American and Latino neighborhoods to the same standard to which it maintains its foreclosures in predominantly white neighborhoods. This practice violates the federal Fair Housing Act.
The fair housing organizations investigated over 2,300 properties owned by Fannie Mae, collected evidence on over 35 data points for each foreclosed home, and documented differences in treatment based on the race and/or ethnicity of the neighborhood in which the Fannie Mae foreclosure was located. The evidence includes over 49,000 photographs.
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