I'd be on the lookout for more of these types of suits in the future as real estate sales and their role in the bubble come more in to foucs. We've put a lot of time and energy in on the mortgage side of the game; but there is plenty of blame/shame to heap on Realtors who pushed borrowers, sellers and loan originators in to uncomfortable situations.
RE/Max East-West is located in Illinois and has been hit with a discrimination suit which alleges that the real estate brokerage steered minorities to neighborhoods referred to as "dumps" with their white clients and provided preferential service and treatment to white clients.
Obviously, this is not the only place this occured. That the Department of Justice felt they had enough evidence to press charges is a testament to how exces
Read...Related Headlines
- Option One Sale in Jeopardy - H&R Block May Shutter Unitposted 246 weeks ago on Blown Mortgage
- Option One switches to all Fannie eligible productsposted 246 weeks ago on Blown Mortgage
- Impac to Report Larger-than-Expected Quarterly Lossposted 235 weeks ago on Blown Mortgage
- Option One Done?posted 233 weeks ago on Blown Mortgage
- Magical Mystery Tourposted 231 weeks ago on Blown Mortgage
- Off for a few daysposted 205 weeks ago on Blown Mortgage
- The housing bail outposted 199 weeks ago on Blown Mortgage
- Option Arm Mapposted 228 weeks ago on Blown Mortgage
- Top Mortgage Lenders for 3rd Quarter 2007posted 239 weeks ago on Blown Mortgage