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National Fair Housing Alliance accuses Fannie Mae of Housing Discrimination

The National Fair Housing Alliance has filed a lawsuit, representing 20 fair housing organizations nationwide, accusing Fannie Mae of housing discrimination.  Included in this petition is the Fair Housing Center of Central Indiana, alleging Fannie Mae has failed to maintain foreclosed homes in predominately black and Latino neighborhoods to the same standard as white neighborhoods in Indianapolis. Problem homes include issues of graffiti, missing gutters, water damage and trash.

“We are hopeful out of this lawsuit we will get Fannie Mae to change their way of doing business to make sure these neighborhoods are protected,” Nelson said.

Fannie Mae responded Monday afternoon with the following statement:

“We have heard NFHA’s concerns, and strongly disagree with these allegations. Our REO maintenance standards are designed to ensure that all properties are tended to and treated equally. In addition, over the years we have continuously enhanced our REO maintenance practices in the ordinary course of business, including the use of clear boarding nationally, adoption of technology to enhance the property inspection process, enhanced guidance to field service vendors of our expectations, and enhanced staffing in the field. Through these actions we have demonstrated our continued dedication to providing quality care to all communities. And we remain firmly committed to continuing to provide such attention to our REO properties moving forward.”4

First Indiana Mortgage operates under strict Equal Credit Opportunities and Fair Housing Guidelines.  Please visit our website to generate a competitive and unbiased rate quote.

The National Fair Housing Alliance has filed a lawsuit, representing 20 fair housing organizations nationwide, accusing Fannie Mae of housing discrimination.  Included in this petition is the Fair Housing Center of Central Indiana, alleging Fannie Mae has failed to maintain foreclosed homes in predominately black and Latino neighborhoods to the same standard as white neighborhoods […]

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