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the power is now REAL ESTATE MAGAZINE

HUD AND FHFA COMBINE EFFORTS TO FOCUS ON FAIR LENDING page 4

REAL ESTATE FOR SALE! OCTOBER 12 | 2021

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HUD

Although the two agencies will be doing the job together, the HUD will primarily enforce the Fair Housing Act, while the FHFA will regulate Fannie Mae, Freddie Mac, and the mortgage market. The collaborative investigation is one thing that raised an eyebrow in the industry, considering that the HUD and the FHFA haven’t undertaken such a significant move before, especially regarding fair lending policy. THE FAIR HOUSING ACT AND WHAT IT MEANS The Fair Housing Act of 1968 shields housing buyers and renters from discriminatory acts initiated by sellers, landlords, and lending institutions. In essence, the Act describes discrimination based on THE POWER IS NOW MAGAZINE | SEPTEMBER 2021

123rf.com

HUD and FHFA Combine Efforts to Focus on Fair Lending

and FHFA publicly agreed to combine efforts to enforce the Fair Housing Act for Fannie Mae and Freddie Mac. The two bodies signed an MoU to ensure that government-backed agencies alongside Federal Home Loan Banks work by the Act to ensure fair lending. According to the signed MoU, the two bodies will work together to share information, carry out investigatory tasks, review compliance, and undertake other tasks that will ensure the enforcement of the Act.

WHAT THE COLLABORATION WILL BRING TO THE REAL ESTATE INDUSTRY The mortgage market has a history of discrimination, especially towards the Black low-income earners and the minority groups. Although some financial institutions have helped lend to minorities, thanks to the Community Reinvestment Act, the rise of non-bank lenders is negatively impacting the lending industry. With people in communities unable to access credit, homeownership opportunities become limited.

race, sex, religion, disability, etc., as illegal. Thus, any individual or financial body involved in discriminatory acts against renters and buyers, such as refusing to sell a house or charging a higher interest rate for mortgage loans, faces the law. The housing act was amended in 1974 to add gender discrimination and in 1988 to include disabled individuals. In addition, states may make a few alterations to the Act by adding to it in their respective jurisdictions. The HUD is the principal enforcer of the Fair Housing Act. WWW.THEPOWERISNOW.COM

The widespread call by some of these marginalized individuals led to the recent collaboration between the FHFA and HUD. THANKS TO THE AFFIRMATIVELY FURTHERING FAIR HOUSING RULE; the HUD has a more definitive approach on the matter. The AFFHR will emphasize abolishing discriminatory lending and rewrite history patterns of segregation towards the lowincome earners who can’t access the various lending opportunities. The housing rule will accomplish affordable housing policies, address inequality, and turn ethnic communities into an area of endless opportunities. The Memorandum of Understanding between the two bodies will give each entity an avenue to extend support to each other’s fair lending policies. In addition, the regulators will share lending responsibilities and advise the other when there’s a pending investigation or review. The collaboration is applaudable. If more mortgage lenders make collaborative efforts like this in the industry, as the MBA has

been clamoring, affordable lending for housing will no longer be limited or segregated. In addition, should any complaint of discrimination be reported, the concerned bodies will swiftly move into action. Buying a home has never been easier, but you need a solid realtor for expert advice on the best property to purchase. All you need is to contact Eric L. Frazier for assistance with buying a home or investment property. Eric L. Frazier MBA is a licensed Mortgage Advisor NMLS 461807 and can be reached at 800-2611634 ext. 703. ABOUT THE POWER IS NOW MEDIA, INC The Power Is Now Media is an online multimedia company founded in 2009 by Eric L. Frazier, MBA, headquartered in Riverside, California. We advocate for homeownership, wealth building, and financial literacy for low to moderate-income and minority communities. The Power Is Now Media corporate office is located at 3739 6th Street Riverside, CA 92501. Ph: 800-401-8994 Website: www.thepowerisnow. com. Eric Lawrence Frazier, MBA. President and Founder, The Power Is Now Media .

References https://www.americanbanker.com/news/hud-fhfapact-redoubles-fair-housing-enforcement-forfannie-freddie https://www.google.com/amp/s/www.housingwire. com/articles/hud-and-fhfa-raise-the-focus-on-fairlending/%3famp=1

SELECT A VIP AGEN Adrian Bates Los Angeles

Adriana Montes Florida

Briana Frazier Los Angeles

Cornelius Jackson Irvine

Danon Burnside San Bernardino

Denise Matthis San Diego

Joe L. Fisher Richmond

Johnnie Morine Texas

Jenny Gonzalez Corona

Julius Cartwright Ohio

Kamesha Keesee Corona

Kate Nash Long Beach

Candace Thrower San Diego

Emerick A. Peace Maryland

JT Burnside Las Vegas

Kenneth Session Bay Area

NT IN YOUR AREA Marisa & Demarco Fletcher

Inland Empire

Monica Hill Menifee

Robert Langston Fairfield

Ruby Frazier Riverside

Success Money LA Area

Yvonne McFadden Arizona

Norman Green San Francisco

Sharon Bartlett Texas

Peggie Simmons Arizona

Steve Peterson Oakland

YOUR POWER TO BUY A HOME IS NOW! 5729 Red Cactus Ct, Arlington, TX 76017

Offered at $185,000

PROPERTY INFORMATION

Back on the Market. Beautiful Duplex Offers Two Good Sized Bedrooms Perfect for First Time Home Buyers & Family or Retiree’s for Minimal Yard Maintenance. Upgraded Master Bath, New Double Hung Windows, Patio Door, Leaf Filter Gutters, New Ductwork & Attic Insulation, New Tuff Shed, New Water Main Pipe.

CALL ME FOR DETAILS: Johnnie Morine Direct: (817) 266-6629 Website: www.themorinegroup.com

YOUR POWER TO BUY A HOME IS NOW! 328 Meadowbrook, San Diego, CA 92114

Offered at $475,000

PROPERTY INFORMATION

MULTIPLE OFFERS....NO MORE OFFERS....Nice home that needs some TLC. Bring your imagination and creativity. FHA 203K rehab loan will work here.

CALL ME FOR DETAILS: CANDACE THROWER Direct: (619) 227-6089 E-mail: cthrowerhomes@gmail.com Website: caandacethrowerandassociates.com

You

+ Fair Housing

A Better Community

The solution to housing discrimination starts with you. If you have been trying to buy or rent a house or apartment and you believe your rights have been violated, contact HUD or your local fair housing center. The Fair Housing Act prohibits housing discrimination because of race, color, sex, religion, national origin, familial status or disability.

Fair Housing Is Your Right. Use It. Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)

SCAN HERE FOR MORE INFO A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.

LIST PRICE: $524,900 9212 GLENVILLE RD, SILVER SPRING, MD 20901

Charming Silver Spring Home*Lots Of Character and Well Cared For*Spacious Living Room*Large Diving Room*Powder Room*Huge Kitchen With Granite Counters*Stainless Appliances*Gorgeous Floors and Fireplace*Beautiful Hardwood Floors On The First Level*Natural Hardwood Staircase*Fresh Paint*New Carpet*Owner Suite With Walk-In Closet and Full Bath*2 Additional Well Sized Bedrooms*Finished Basement With Additional Powder Room* Large Workshop Area*All Situated On The Beautiful Landscaped Lot Open House Sat. October 2Nd From 1-4 and Sun. October 3Rd From 1-4

CONTACT THE AGENT: Emerick Peace NMLSID: 320004 Phone number: (240) 882-0198 Email: EmerickPeace@KW.com

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3 Brand your company 3 Promote your listings and business nationally on online Radio and TV 3 Promote your listings and business nationally in our monthly The Power Is Now National Magazine, and in our weekly Real Estate Magazine and Program Guide 3 Network with industry leaders and top agents 3 Lead generation opportunities and support 3 Business support, technology and marketing services

VISIT WWW.THEPOWERISNOW.COM FOR DETAIL BENEFITS

930 1 8 th St, ORLANDO, FL 3 2 8 0 5

SINGLE FAMILY HOME FOR SALE LIST PRICE

$500,000

PROPERTY INFORMATION: Great opportunity to own this 4 unit multi family located conveniently in the city of Orlando! Don’t miss this opportunity! Hurry before it’s gone!

PROPERTY INFORMATION:

5 BEDROOMS

CALL FOR DETAILS

ADRIANA MONTES, JD MBA

m: (321) 689-6258 o: (407) 654-9992

4 BATHROOMS

adriana@floridadreamsrealty.com www.floridadreamsrealty.com

“ WE DIDN’T EXPECT

HOUSING DISCRIMINATION

WOULD KEEP US FROM OUR NEW HOME.” “ As our family continued to grow, we started looking for a new home. The landlord told us he wasn’t comfortable renting to people with children because they might go to school or daycare and bring home COVID-19.” COVID-19 inequity is real, and it shouldn’t be made worse because of housing discrimination. If you suspect housing discrimination because of your familial status, file a complaint with HUD or your local fair housing center so we can investigate it.

Go to hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339 FAIR HOUSING: THE LAW IS ON YOUR SIDE. A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability.

YOUR POWER TO BUY A HOME IS NOW! 9901 W Buckeye Road Tolleson, AZ 85353

Offered at $83,635,200

PROPERTY INFORMATION

Property also includes Parcel APN # 101-15-002A NOTE! APN # 101-15-001B Annexed to City Of Phoenix 07/11/1976 under Annexation # 96 NOTE! APN # 10115-002A Annexed to City Of Phoenix On 07/11/1996 Annexation # 96 Also Annexation # 162 On 03/20/1991 Also to City of Phoenix 160 Acres Gross Less exceptions of record.

CALL ME FOR DETAILS: Yvonne McFadden Direct: (480) 628-2619 www.yvonnemcfaddenrealtor.com

HOUSING DISCRIMINATION

UNMASKED.

Don’t let housing discrimination get covered up. “ When I went looking for an apartment, I wore a mask. But they could still see I’m Black. I was told that they wouldn’t rent to me because they heard Black people were disproportionately getting COVID-19.” COVID-19 inequity is real, and it shouldn’t be made worse because of housing discrimination. If you suspect housing discrimination because of your race, color or national origin, file a complaint with HUD or your local fair housing center so we can investigate it.

For more information, go to: hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339 FAIR HOUSING: THE LAW IS ON YOUR SIDE. A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability.

YOUR POWER TO BUY A HOME IS NOW! 1311 N Banning, Mesa, AZ 85205

Offered at $447,900

PROPERTY INFORMATION

A BEAUTIFUL HOME WAITING FOR NEW OWNERS. RELOCATION FORCES THE SALE. ENTER INTO THIS HOME WITH UPGRADED 42 IN UPPER CABINETS. GRANITE KITCHEN COUNTERS. STAINLESS STEEL FRIDGE & CONVECTION MICROWAVE. PANTRY FOR THE BIG BOX STORE PURCHASES. ISLAND PERFECT FOR BREAKFAST EATING. OPEN GREAT ROOM & KITCHEN. CEILING FANS.

CALL ME FOR DETAILS: Peggie Simmons Direct: (480) 201-0654 E-mail: peggiesimmons@aol.com

LISTED FOR $485,000

374 Miraleste Drive, Unit 412 San Pedro, CA 90732 Property Information

Welcome to Miraleste Estates gated community. This newly remodeled, 2 bedroom, 3 bathroom condo is move-in ready. The kitchen has new cabinets, countertops and stainless-steel appliances. The new flooring flows through out the home. New ductless air conditioning in every room will keep you cool on those warm summer nights. There are amazing ocean views from the 2nd story windows.

Call Kate Nash Realtor DRE#01309788

mobile: (300) 308-7900 e-mail: KateNash@FirstTeam.com website: www.KateNashHomes.com

DIFFERENT NATIONAL ORIGINS.

SAME FAIR HOUSING RIGHTS.

It is illegal for landlords and real estate agents to deny you housing opportunities because of your ethnicity. The Fair Housing Act prohibits housing discrimination based on national origin. If you believe you have experienced a violation of your rights, file a complaint.

Go to hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339

FAIR HOUSING: THE LAW IS ON YOUR SIDE. A public service message from the U.S. Department of Housing and Urban Development in cooperation with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability.

SEARCHING FOR YOUR HOME? 19830 Silverwood Dr, Lake Elsinore, CA 92530

Offered at $565,000

PROPERTY INFORMATION

Gorgeous Home Ready For Move In!!! This Popular Floor Plan Has It All...!! Formal Living and Dining Rooms, Butlers Pantry, Walk in Pantry, Family Room, Huge Open Kitchen With Island Space! Corian Counter Tops, Stainless Steel Appliances and Steel Kitchen Sink, Kitchen Nook, One Bedroom and Full Bathroom Downstairs...Bonus Room Upstairs With 3 Rooms and 2 Full Bathrooms. Master Bath Has A Separate Shower and Tub With Dual Sinks.

CALL ME FOR DETAILS: Kamseha Keesee Broker | DRE#01292916 Direct: (951) 454-5959 E-mail: keeseekamesha@aol.com

170 2 Audrey Dr, G arland, TX 7 5 0 4 0

SINGLE FAMILY HOME FOR SALE LIST PRICE

$345,000

PROPERTY INFORMATION:

Looking for a great home on a great lot? Look no further! This beautiful one-story home is ready for entertaining! Ceramic tile spans the homes open concept living & dining areas. Enjoy the beautifully equipped kitchen featuring stainless steel appliances & tons of storage.

PROPERTY INFORMATION:

3 BEDROOMS

CALL FOR DETAILS

SHARON BARTLETT

DRE#0684103 o: (214) 914-9272

2 BATHROOMS 2 CARS GARAGE

sharon@sharonbartlet.com www.sharonbartletthomes.com

LISTED FOR $630,000

6488 Cambridge Ave, Rancho Cucamonga, CA 91737 Property Information

This single level home is located in Rancho Cucamonga and has 5 bedrooms, 3 bathrooms with over 2000 square feet. Vaulted ceilings in living room and a spacious family room. The property is conveniently located and just minutes north of the 210 freeway off Archibald, close to schools, shopping, and easy access to the 15 freeway.

Call Ruby Frazier Realtor DRE#01751773

mobile: (951) 686-5261 e-mail: rubyfrazier@fraziergrouprealty.com

YOUR POWER TO BUY A HOME IS NOW! 13027 Windhaven Dr, Moreno Valley, CA 92555

Offered at $590,000

PROPERTY DESCRIPTION

This beautiful PAID OFF SOLAR home is move in ready and has 5 bedrooms and 3 bathrooms. This home is clean and ready for immediate move in. This home has many features including shutters on every window, whole house fan, full house length Aluma Wood Patio in the backyard, and a 3 car tandem garage, just to name a few. On the first floor you’ll find the formal dining room, living room, kitchen and a double doored office/bedroom (no closet).

CALL ME FOR DETAILS: Marisa and Demarco Fletcher Direct: (951) 870-5183 Office: (951) 215-0921 demarco@kingsrealtygroup.com marisa@kingsrealtygroup.com

Alicia W. Iraq and Afghanistan War Veteran

SCAN HERE FOR MORE INFO

HOUSING DISCRIMINATION. IT’S UNLAWFUL, UNFAIR AND UN-AMERICAN. She fought overseas for her country and shouldn’t have to fight housing discrimination based on her race here at home. The federal Fair Housing Act prohibits housing discrimination because of race, color, sex, religion, national origin, familial status or disability. If you suspect housing discrimination, contact HUD or your local fair housing center.

Fair Housing Is Your Right. Use It. Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)

A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.

wikicommons.com

116 4 9 Oak Knoll Court Fo ntana, CA 9 2 3 3 7

SINGLE FAMILY HOME FOR SALE LIST PRICE

$485,000

PROPERTY INFORMATION:

The best of both worlds! Great investment located in Southridge. 4 bedrooms 2.5 Baths in a cul-de-sac street, short distance from schools and shopping. Tile flooring throughout the house, open kitchen with tile counter tops and backsplash and, two-car attach garage. Perfect for the savvy entrepreneur the home has large backyard, and the seller is in the process of finalizing the built permits for an accessory dwelling unit (ADU) of 1200 Sq Ft.

PROPERTY INFORMATION:

3 BEDROOMS

CALL FOR DETAILS

CORNELIUS JACKSON

DRE#01824362 o: (855) 255-0877

3 BATHROOMS

info@cljrealty.com www.CLJRealty.com

LISTED FOR $250,000

Hilltop St, Perris, CA 92560 Property Information

Views! Views! Views! Here is the Video Enjoy! has been looking for a Property on Hilltop? I have it here for you! Here is 20.5 acres of prime land on the Gavilan Hills side of the Mountain. View of Lake Mathews on one side and the 15fwy on the other! Build your Dream Estate or your Family Estate! Build an area for Weddings! There are endless possibilities! Minimum 5 acre lots if divided. Seller is eager to sell. Please see notes for directions to the property. There is a sign on the hill to the left of the property line. Utilities: Well 80 foot water table, Propane and Solar. No need to run utilities!

Call Jenny Gonzalez Realtor DRE#01249788

mobile: (951) 316-0374 e-mail: jengonzalezre@gmail.com

LISTED FOR $225,000

1120 E Saginaw Way Fresno, CA, 93704 Fresno County Property Information Bed/Bath: 2/1.00 Total Rooms: 5 Square Feet: 1188 Year: 1952 Revitalization Area: No Opportunity Zone: Yes Lot Size: 6750.00 sq ft

Call Danon Burnside Realtor DRE#01835853

mobile: (951) 205-5796 e-mail: dburnside73@gmail.com

YOUR POWER TO BUY A HOME IS NOW! 5016 Tiselle Way, San Diego, CA 92105

Offered at $599,000

PROPERTY INFORMATION

Well maintained home on a corner lot in Oak Park. Bathrooms recently updated. Fireplace in living room with separate dining area and family room. Affordable Home with no HOA or special assessments.

CALL ME FOR DETAILS: Denise Matthis Direct: (858) 484-4029 E-mail: dmatthis@demfinancial.com

YOUR POWER TO BUY A HOME IS NOW! 0 Trestle Glen Rd, Oakland, CA 94610

Offered at $2,690,000

PROPERTY DESCRIPTION

In the heart of one of the top neighborhoods in the Bay Area with a very private feel and easy access to shopping, dining, entertainment. Great neighbors and excellent school district. Vacant Lot is @ the Brockwood Rd/ Trestle Glen sign.

CALL ME FOR DETAILS: Kenneth Session Direct: (510) 290-7990 E-mail: ksession@sessionrealestate.com

933 Walnut Trl Frazier Park, CA, 93225

$167,200

Property Information

Property DESCRIPTION

Address:

Bed/Bath: 1/1.00 Total Rooms: 3 Square Feet: 759 Lot Size: 3,423.00 sq ft

933 Walnut Trl Frazier Park, CA, 93225 Kern County

BOBBY E. LANGSTON

DRE#01933277 d: (707) 639-1061 DRE#02077274 5709 Mariconi Ave Ste L. Carmichael 95608 www.bobbyreinc.com

LISTED FOR $630,000

6488 Cambridge Ave, Rancho Cucamonga, CA 91737 Property Information

Call Ruby Frazier Realtor DRE#01751773

mobile: (951) 686-5261 e-mail: rubyfrazier@fraziergrouprealty.com

LISTED FOR $1,550,000 306 Delano Ave, San Francisco, CA 94112

Property Information:

Gorgeous Contemporary Mission Terrace Home in Balboa Park Neighborhood is waiting for you. This 2 bedroom 1 bath with office or small den home is ready to move in with a cozy wood burning fireplace in the living room. There’s a formal dining room and kitchen has a separate breakfast nook. Lots of potential for expansion up and back. In addition, there are 2 separate garages for 4-5 cars with a separate entrance door in-between. The separate entrance also takes you to a bedroom and bath down (not warranted). Large backyard for BBQ entertaining. Norman Green

Direct: (650) 296-5210 Fax: (415) 564-6313 BRE License: 01337466 norman.green@remax.net

SEARCHING FOR YOUR HOME? 49 E Highland Ave Sierra Madre, CA, 91024

Offered at $735,000

PROPERTY INFORMATION Bed/Bath: 2/2.10 Total Rooms: 5 Square Feet: 1371 Year: 1984 HOA Fees: $360.00 Monthly Lot Size: 0.00 sq ft

CALL ME FOR DETAILS: Success Money Broker | DRE#01800466 Direct: (833) 243-6863 E-mail: info@callsuccessmoney.com

THIS PROPERTY WILL NOT LAST! 15 Rosemont Cir Napa, CA, 94558

Offered at $1,072,000

PROPERTY INFORMATION

CALL ME FOR DETAILS:

Bed/Bath: 3/2.00 Total Rooms: 6 Square Feet: 1445 Housing Type: Single Family Home Number of Stories: 1 Lot Size: 17677.00 sq ft

Joe L. Fisher DRE#01070856 Direct: (510) 236-8204 E-mail: jlfisher180@yahoo.com www.jfisherrealtors.com

WILDFIRES DON’T CARE ABOUT YOUR RACE. BUT WHEN WE TRIED TO RENT A NEW PLACE TO LIVE, WE LEARNED THAT SOME LANDLORDS DO. When the fire came, we had to run from our home. Fortunately, we found temporary shelter. But as we started looking for a place to live, we ran into housing discrimination, which isn’t just unfair – it’s illegal. If you feel that a landlord or broker has denied you the sale, rental or financing of a home based on your race, color, religion, sex, national origin, disability or because you have children, report it to HUD or your local fair housing center.

Go to hud.gov/fairhousing or call 1-800-669-9777 Federal Relay Service 1-800-877-8339