By KIMBERLEY HAAS Leaders at RealPage are speaking out after the U.S. Department of Justice expanded its antitrust lawsuit against the company to include six of the nation’s largest landlords. Officials at the DOJ allege the landlords – Greystar Real Estate Partners LLC, Blackstone’s LivCor LLC, Camden Property Trust, Cushman & Wakefield Inc and Pinnacle…
By KIMBERLEY HAAS Officials at the U.S. Department of Justice continue to assert that Rocket Mortgage participated in housing discrimination by relying on a biased appraisal as the lender pushes the government to address potential conflicts between regulations and enforcement actions. In December, lawyers for Rocket moved to dismiss a DOJ lawsuit alleging that the lender,…
By KIMBERLEY HAAS A Virginia man who worked as an assistant inspector general for the U.S. Department of Housing and Urban Development has been sentenced to one year and one day in prison after being convicted of engaging in a scheme to steer government contracts to a personal friend. Eghbal “Eddie” Saffarinia, 63, of Front…
By KIMBERLEY HAAS Officials at the U.S. Department of Justice announced on Tuesday that they reached a $9 million agreement with an Ohio-based bank to resolve redlining allegations. Redlining is an illegal practice in which lenders avoid providing credit services to individuals living in certain communities because of their race, color, or national origin. It…
By KIMBERLEY HAAS Two Kentucky real estate professionals who allegedly conspired to rig bids for farmland and timber rights each face up to 10 years in prison and a $1 million fine. Barry Dyer and Mackie Shelton allegedly rigged the bids for hundreds of acres of farmland and a tract of timber rights during an…
By KIMBERLEY HAAS Officials at the U.S. Department of Justice are claiming that condominiums and apartment complexes in Hawaii were built without accessible features required by the Fair Housing Act. The federal act prohibits discrimination in housing on the basis of disability, race, color, religion, sex, familial status, and national origin. An amended complaint was…
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