Civil Rights Act of 1968

Seven Goulston & Storrs Attorneys Named to Lawdragon's 2024 Leading 500 Litigators in America

Retrieved on: 
Tuesday, October 3, 2023

His practice focuses on business torts, M&A litigation, partnership and investor disputes, and securities-related matters, including class action defense.

Key Points: 
  • His practice focuses on business torts, M&A litigation, partnership and investor disputes, and securities-related matters, including class action defense.
  • Derek Domian is a Boston-based business litigator who handles a broad range of complex commercial, real estate, leasing, professional liability, and intellectual property disputes.
  • In addition to his high-powered malpractice defense practice, he handles complex corporate and securities litigation, and serves as Goulston & Storrs' General Counsel.
  • He is well-known for his specific expertise representing major law firms across the county in legal malpractice defense, disciplinary matters, and intra-firm disputes.

Sotheby's International Realty Expands in Florida

Retrieved on: 
Monday, October 2, 2023

NEW YORK, Oct. 2, 2023 /PRNewswire/ -- Sotheby's International Realty today announced that its independently owned and operated affiliate, Premier Sotheby's International Realty, continues to expand in Florida.

Key Points: 
  • NEW YORK, Oct. 2, 2023 /PRNewswire/ -- Sotheby's International Realty today announced that its independently owned and operated affiliate, Premier Sotheby's International Realty, continues to expand in Florida.
  • "Ocala is seeing an influx of luxury buyers and is considered one of the fastest growing cities in Florida, while still offering a small-town feel," said Philip White, president and CEO of Sotheby's International Realty.
  • The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc.
  • Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

Redfin Survey: Roughly One-Third of Black, Hispanic Respondents Faced Discrimination During Recent House Hunt

Retrieved on: 
Thursday, September 28, 2023

That’s according to a survey from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Key Points: 
  • That’s according to a survey from Redfin ( redfin.com ), the technology-powered real estate brokerage.
  • The share is even higher for Hispanic Americans: 36% experienced discrimination, and an additional 22% believe they may have been discriminated against.
  • Asian respondents who recently moved were less likely than Black or Hispanic respondents to report discrimination; 20% of them believe they were discriminated against based on their ethnicity or race.
  • An additional 27% believe they may have faced discrimination.

STATEMENT BY THE NATIONAL ASSOCIATION OF REAL ESTATE BROKERS PRESIDENT COURTNEY JOHNSON ROSE

Retrieved on: 
Monday, September 25, 2023

WASHINGTON, Sept. 25, 2023 /PRNewswire/ -- The National Association of Real Estate Brokers (NAREB) strongly supports the Federal Housing Finance Agency's (FHFA) proposed rule strengthening and codifying the equitable housing finance plans submitted by mortgage giants Fannie Mae and Freddie Mac and the agency's other measures addressing racial disparities in homeownership. These plans are one of the federal government's most effective methods of increasing homeownership for families of color and expanding their opportunities for affordable rental housing. Under the proposed rule, Fannie's and Freddie's fair lending and fair housing functions and equitable housing finance plans become statutory requirements. Further, their operations will receive clearer and more appropriate oversight, compliance, and enforcement.

Key Points: 
  • Under the proposed rule, Fannie's and Freddie's fair lending and fair housing functions and equitable housing finance plans become statutory requirements.
  • These measures are necessary to address decades of racially biased public policies and private practices aimed at preventing Blacks from becoming homeowners.
  • In 2019, the median wealth for White households was $188,200, compared to $24,100 for Black and $36,100 for Hispanic households.
  • (For print or broadcast interviews with NAREB President Courtney Johnson Rose, contact Michael Frisby, [email protected] /202-625-4328.)

Umpqua Bank Names Nicole Bascomb-Green Head of Community Lending

Retrieved on: 
Thursday, September 14, 2023

LAKE OSWEGO, Ore., Sept. 14, 2023 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the appointment of Nicole Bascomb-Green as Head of Community Lending. In this role, Bascomb-Green is responsible for the management of the community lending team, harnessing Umpqua's full resources and expertise—including the Umpqua Bank Charitable Foundation, and the bank's Community Reinvestment Act experts, product and retail banking leaders—to deliver innovative products and programs that address housing affordability and access issues focused on low-to-moderate income BIPOC communities.

Key Points: 
  • Bascomb-Green, real estate and banking leader, recently appointed by Governor Jay Inslee as the new chair of the Washington State Housing Finance Commission (WSHFC)
    LAKE OSWEGO, Ore., Sept. 14, 2023 /PRNewswire/ -- Umpqua Bank , a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the appointment of Nicole Bascomb-Green as Head of Community Lending.
  • Prior to joining Umpqua Bank, she served as community affairs manager for Washington State and Idaho at U.S. Bank.
  • "Through the Community Lending team, we are putting forth the investment to strategically develop and deploy innovative programs that provide financial opportunities to our BIPOC communities," Bascomb-Green said.
  • Umpqua Bank's Community Lending team serves and supports low-to-moderate and minority communities across the bank's footprint to achieve their dream of homeownership.

Former High-Ranking Latino Executive at Cornerstone Capital Bank Brings Counterclaims Against Bank’s Chairman and its President for Discrimination and Retaliation

Retrieved on: 
Tuesday, September 19, 2023

Cornerstone initiated the case on January 9, 2023, and Mr. Valdes filed his original counterclaims on May 25, 2023.

Key Points: 
  • Cornerstone initiated the case on January 9, 2023, and Mr. Valdes filed his original counterclaims on May 25, 2023.
  • In his Amended Counterclaims, filed today, Mr. Valdes included new individual claims of ethnicity discrimination and retaliation against Cornerstone’s Chairman Marc Laird and his son, Cornerstone President Adam Laird.
  • In his Counterclaims, Mr. Valdes alleges that the Lairds and Cornerstone subjected him to harassment, discrimination, and retaliation because he is a Latino of Catholic faith and Mexican national origin.
  • Mr. Valdes alleges that ultimately Cornerstone wrongfully terminated his employment and—on the same day—filed a pretextual and retaliatory lawsuit against him.

Sotheby's International Realty Opens Office in Turkey

Retrieved on: 
Tuesday, August 8, 2023

NEW YORK, Aug. 8, 2023 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Türkiye Sotheby's International Realty.

Key Points: 
  • NEW YORK, Aug. 8, 2023 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Türkiye Sotheby's International Realty.
  • "The luxury residential real estate market in Turkey is experiencing significant growth and attracting both domestic and international buyers," said Philip White, president and CEO, Sotheby's International Realty.
  • The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc.
  • Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

FHLBank San Francisco President and CEO Bazemore Lauds Plans For Increasing Black Homeownership, Credits NAREB For Its Leadership Role In Building Black Wealth

Retrieved on: 
Monday, August 7, 2023

The new funding, which will also be matched with member contributions, will continue support of the agencies that provide both pre- and post-homeownership counseling.

Key Points: 
  • The new funding, which will also be matched with member contributions, will continue support of the agencies that provide both pre- and post-homeownership counseling.
  • Many FHLBank members originate loans and hold them in their portfolios, in addition to investing in mortgage-backed securities.
  • Bazemore said evidenced-based research is helping redress the systemic barriers that continue to limit homeownership opportunities for people of color.
  • “Our Racial Equity Accelerator proposes tangible solutions that use other data, including consistent, timely rent payments, to determine creditworthiness.,” she said.

Sotheby's International Realty Opens Office in Argentina

Retrieved on: 
Wednesday, July 12, 2023

NEW YORK, July 12, 2023 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Argentina Properties Sotheby's International Realty in Argentina.

Key Points: 
  • NEW YORK, July 12, 2023 /PRNewswire/ -- Sotheby's International Realty today announced the opening of Argentina Properties Sotheby's International Realty in Argentina.
  • "Argentina has a growing luxury real estate market," said Philip White, president and CEO, Sotheby's International Realty.
  • The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc.
  • Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

KeyBank Launches Neighbors First Credit to Help Make Dream of Home Ownership a Reality

Retrieved on: 
Thursday, July 6, 2023

CLEVELAND, July 6, 2023 /PRNewswire/ -- Today, KeyBank (NYSE: KEY) announced the launch of its third Special Purpose Credit Program1 – KeyBank Neighbors First CreditSM – which can help make the dream of home ownership a reality by providing up to $5,000 to homebuyers for the purchase of eligible properties.

Key Points: 
  • The KeyBank Neighbors First Credit is designed to help homebuyers in underserved communities by providing credits up to $5,000 to be used for closing costs and to prepay costs that may come with a new home.
  • This includes mortgage, flood and hazard insurance, escrow deposit, real estate taxes and per diem interest.
  • "The Neighbors First Credit is the latest in a series of steps we are taking to help the communities, in which we live and work, thrive," said Dale Baker, President of KeyBank Home Lending.
  • With both the Neighbors First Credit and KeyBank Home Buyer Credit in place, Key will have purchase credits available in over 9,500 census tracts, covering areas where 10 percent of the U.S population lives.