The Fair Housing Act of 1968
split Fannie Mae into two separate pieces: Fannie Mae, for the purchase of conventional mortgages that conformed to specific underwriting standards; and the Government National Mortgage Association (GNMA), better known as Ginnie Mae, for providing a guaranty backed by the full faith and credit of the United States for the timely payment of principal and interest on mortgage-backed securities (MBS) secured by pools of government home loans.
Civil Rights Commission, in which she is a member, by the 1957 Civil Rights Act which laid the foundation for landmark civil rights legislations such as the Civil Rights Act of 1964, the Voting Rights Act of 1965, and the Fair Housing Act of 1968
Forty years after the Fair Housing Act of 1968
, housing markets are still segmented by class and race, what realtors politely call location, location, location.
In Housing Segregation in Suburban America Since 1960, Charles Lamb opens a window into the early struggle for enforcement and interpretation of the Fair Housing Act of 1968
to explain two key outcomes.
Under the Fair Housing Act of 1968
, anyone who wishes to do so can file a complaint at any HUD office around the country.
In other words, many more people may sue because of discriminatory advertising than other violations of the Fair Housing Act of 1968
For example, the federal Fair Housing Act of 1968
and the Equal Credit Opportunity Act of 1974 outlawed racial discrimination in mortgage lending and related credit transactions, and in 1975, Congress enacted the Home Mortgage Disclosure Act (HMDA), which requires most mortgage lenders to disclose the geographic location of their mortgage lending activity.
While most cities do their utmost to follow the requirements of the Fair Housing Act of 1968
, and the Fair Housing Act Amendments of 1988, "Godfrey said, "they are still looking to the federal government for clear guidance so they can avoid claims of fair housing abuses and Department of Justice law suits.