- Latest news item posted on 08/19/2016 at 09:08 AM
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Suit alleges Dallas firm put black homeowners at higher risk of foreclosure
(Dallas, Texas, Aug. 19, 2016)
-- Dallas equity firm Lone Star Funds is being sued by a group of black homeowners in New York who allege the company pushed them toward foreclosure by misleading them about their mortgages.
A 53-year-old plaintiff told a federal court that the company's mortgage servicer would call him almost every day -- sometimes two or three times a day -- threatening foreclosure and pressuring him to accept an unfavorable change to his loan.
Lone Star's mortgage servicer, Caliber Home Loans, disputed the allegations and called the lawsuit "without merit."
The federal suit filed last week also targets the U.S. Department of Housing and Urban Development, or HUD. At issue is the agency's sale of delinquent mortgages backed by the federal government to private investors like Lone Star.
FULL STORY at dallasnews.com
Hawaii settles housing discrimination complaint
(HONOLULU, HI, Aug. 16, 2016)
-- Hawaii's public housing agency has agreed to take steps to remove language barriers for tenants after a Micronesian family that speaks little English almost got evicted when they didn't understand the legal proceedings against them.
The Legal Aid Society of Hawaii announced the agreement with the Hawaii Public Housing Authority last week, The Honolulu Star-Advertiser reported (http://bit.ly/2aQkwRS). By settling, the state agency does not admit guilt but has agreed to award Valantin Sirom, and his wife, Sasinta Seremea, $2,000 in damages and strengthen its language access efforts.
Legal Aid had filed both state and federal complaints on behalf of the Chuukese couple and their family when they faced eviction after two hearings before the authority.
FULL STORY at dailyprogress.com