Update from Shane Lanham

[Elliott]

Asked AI for a thumbnail on NFHA:

"Government grants, primarily from the U.S. Department of Housing and Urban Development (HUD), which provided approximately $19.8 million to NFHA between 2008 and 2020, with large portions for education and outreach programs.
• Private foundation grants, including high-profile support from the Ford Foundation, Foundation to Promote Open Society, Annie E. Casey Foundation, and others.
• Membership dues and consulting fees, along with resources from legal settlements.
• Fair housing settlement funds, as seen in 2023 when NFHA and partners began deploying $53 million from a major Real Estate Owned (REO) settlement for programs empowering Black, Latino, and underserved communities

2023 Annual Revenue: $17 million

NFHA not only deploys funds for its own operations but also redistributes resources through large grant programs (e.g., Inclusive Communities Program), sometimes offering grants up to $185,000 per partner for direct service to targeted communities.
NFHA remains a highly influential nonprofit in the U.S. housing equity landscape, primarily funded by government and philanthropic sources and staffed by experienced professionals whose compensation is largely in line with comparable nonprofit organizations of similar size and mission

NFHA not only deploys funds for its own operations but also redistributes resources through large grant programs (e.g., Inclusive Communities Program), sometimes offering grants up to $185,000 per partner for direct service to targeted communities.
NFHA remains a highly influential nonprofit in the U.S. housing equity landscape, primarily funded by government and philanthropic sources and staffed by experienced professionals whose compensation is largely in line with comparable nonprofit organizations of similar size and mission

Senior Executives: Previous filings showed the president earning ~$215,000/year, with other senior leadership (COO, Executive VPs) in the $116,000–$203,000 range.
• Mid-Level Managers: VP and Associate Director roles typically earn $80,000–$162,000 depending on the position and year."

..................
Recent News:


7/15/2025 in Press Releases
NFHA Condemns the House THUD Subcommittee’s Decision to Slash Critical Fair Housing Funding

WASHINGTON, D.C. – Today, the National Fair Housing Alliance® (NFHA ™) denounced the House Appropriations Transportation, Housing and Urban Development (THUD) Subcommittee bill that would slash critical fair housing funding, leaving disabled veterans, seniors, survivors of domestic violence, families with children, people of color, and more unprotected during the nation’s fair and affordable housing crisis. The House draft bill follows the recommendations in the Trump administration’s budget proposal, including eliminating vital funding for the U.S. Department of Housing and Urban Development’s (HUD’s) Fair Housing Initiatives Program (FHIP), which funds local, community-based fair housing organizations throughout the U.S. In 2023, FHIP-funded organizations processed over 75 percent of all housing discrimination complaints filed, during a time where the nation is facing a record number of housing discrimination complaints.

On Sunday, July 13th, the House released its draft Fiscal Year (FY) 2026 THUD appropriations bill. The House Appropriations THUD subcommittee held a mark-up of the bill on Monday, July 14th at 5pm ET. The full House Appropriations Committee is scheduled to meet Thursday, July 17th at 10am ET for further consideration of the bill. In addition to calling for the elimination of the FHIP program, the House proposal would allocate only $68 million for the Department of Housing and Urban Development’s (HUD) Office of Fair Housing and Equal Opportunity (FHEO), which cuts $18 million from its current budget. FHEO is already underfunded, resulting in insufficient staffing levels. The House bill will significantly reduce FHEO’s staff at a time when complaints of housing discrimination are at an all-time high.

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And. the beat goes on.....

 

[Elliott]

And guess who coughed up the $53 million?

"Fannie Mae Settles Fair Housing Lawsuit for $53M


NHFA and 20 local fair housing associations filed a lawsuit in 2016 in U.S. District Court for the Northern District of California alleging that Fannie Mae did not conduct routine maintenance and marketing of its REO properties in minority neighborhoods.
The NFHA and coalition members say they have spent $46.7 million in the affected minority communities to make repairs and to educate about REO best practices.
NFHA said it will invest the vast majority of the settlement directly back into the communities that were harmed.


Fannie Mae has reached a $53 million settlement in a nearly six-year-old complaint filed by the National Fair Housing Alliance (NFHA) and a coalition of local fair housing organizations that accused the enterprise of unequal treatment of real estate-owned (REO) properties in Black and Latino communities."

Fannie Mae Settles Fair Housing Lawsuit for $53M

Fannie Mae has reached a $53 million settlement in a nearly six-year-old complaint filed by the National Fair Housing Alliance (NFHA) and a coalition of local fair housing organizations that accused the enterprise of unequal treatment of real estate-owned (REO) properties in Black and Latino...

nationalmortgageprofessional.com

......................

Your 'full faith and credit' at Work. : )

 

[Non Sequitur]

And guess who coughed up the $53 million?

"Fannie Mae Settles Fair Housing Lawsuit for $53M


NHFA and 20 local fair housing associations filed a lawsuit in 2016 in U.S. District Court for the Northern District of California alleging that Fannie Mae did not conduct routine maintenance and marketing of its REO properties in minority neighborhoods.
The NFHA and coalition members say they have spent $46.7 million in the affected minority communities to make repairs and to educate about REO best practices.
NFHA said it will invest the vast majority of the settlement directly back into the communities that were harmed.


Fannie Mae has reached a $53 million settlement in a nearly six-year-old complaint filed by the National Fair Housing Alliance (NFHA) and a coalition of local fair housing organizations that accused the enterprise of unequal treatment of real estate-owned (REO) properties in Black and Latino communities."

Fannie Mae Settles Fair Housing Lawsuit for $53M

Fannie Mae has reached a $53 million settlement in a nearly six-year-old complaint filed by the National Fair Housing Alliance (NFHA) and a coalition of local fair housing organizations that accused the enterprise of unequal treatment of real estate-owned (REO) properties in Black and Latino...

nationalmortgageprofessional.com

......................

Your 'full faith and credit' at Work. : )

Due to the settlement FNMA stopped selling REOs in poor condition, they either renovated them or tore them down and built new. I've heard that policy has shifted due to the shift in politics, but since AMCs now get the REO work it doesn't matter to me one way or another. A once decent client is now owned by AMCs who want to pay less than what FNMA did two decades ago.

 

[djd09]

it is one of alinsky's rules...blame others for what you have done

 

[Elliott]

Due to the settlement FNMA stopped selling REOs in poor condition, they either renovated them or tore them down and built new. I've heard that policy has shifted due to the shift in politics, but since AMCs now get the REO work it doesn't matter to me one way or another. A once decent client is now owned by AMCs who want to pay less than what FNMA did two decades ago.

That hits home. A few years back I did a FNMA REO. Carpet had been ripped out on one of the level. Everybody, realtor, buyer, mortgage company, and appraiser (me) knew that FNMA didn't do repairs on REOs (it was even in the listing). I did it 'as is,' gave it a C5. A year after the sale closed FNMA wrote me a 'warning' letter about not requiring carpeting. I just shook my head, replied with the facts of the situation, and didn't hear from them again.

That a GSE would fund a civil rights group that is on their same agenda of 'racial bias' doesn't surprise. Not that different from NGOs and USAID money.

 

[djd09]

Appraisal Bias​

Automated Valuation Models
NFHA partnered with the National Consumer Law Center (NCLC) to submit comprehensive comments to federal regulators on their Notice of Proposed Rulemaking (NPRM) regarding Quality Control Standards for Automated Valuation Models (AVMs). The dangers that can be posed by AVMs as they may perpetuate, amplify, and masquerade appraisal bias. Discrimination in the appraisal market is a safety and soundness risk and threatens our financial marketplace and economy. There is no question that discriminatory mis-valuations are a historical and present phenomenon, and AVMs — like any technology — can manifest bias that harms consumers and communities. Our joint comment urges federal regulators to use this opportunity to make it clear that federal statutes prohibit the use of discriminatory AVMs, and to require that AVMs must be reviewed for both disparate treatment and disparate impact. Our comment also makes the following points:

• The Final Rule should use a principles-based approach to regulation;
• The Rule should be broadly applied to AVMs used for a wide variety of purposes; and
• Federal regulators should release loan-level appraisal data to ensure robust compliance with the law.

NFHA’s first Tech Equity Hackathon was designed to help identify and measure appraisal bias in AVMs. The outcome of that exercise demonstrated that AVMs have the potential to spread discrimination and harm consumers. Our work to audit AVMs revealed the same dangers. It is imperative that federal regulators take every necessary measure to protect consumers and communities from bias.

Appraisal Bias - NFHA

NFHA has published, and provided, several comprehensive resources to encourage conversations with key stakeholders in the appraisal and housing industries to seek workable, sustainable solutions to benefit the whole of the U.S. housing market.

nationalfairhousing.org

i bet east cleveland has received zero waivers...right, DW?

 

[djd09]

Appraiser can sue black professors who accused him of racism, judge rules

A Maryland home appraiser can sue two married black professors who accused him of racism for the way he valued their home for a refinance, a judge ruled recently.

The judge also ruled the professors can move forward with their lawsuit against the appraiser, ruling that both had provided evidence to show their suits were plausible enough to continue.

Shane Lanham’s counterclaim against Johns Hopkins University professors Nathan Connolly and Shani Mott can continue, District Judge Stephanie Gallagher ruled on Aug. 3. He sued for defamation based on media interviews the pair gave.

Appraiser can sue black professors who accused him of racism, judge rules | The College Fix

Married couple can also sue the appraiser for alleged discrimination.

www.thecollegefix.com

what happened...

 

[ucbruin]

Appraiser can sue black professors who accused him of racism, judge rules

A Maryland home appraiser can sue two married black professors who accused him of racism for the way he valued their home for a refinance, a judge ruled recently.

The judge also ruled the professors can move forward with their lawsuit against the appraiser, ruling that both had provided evidence to show their suits were plausible enough to continue.

Shane Lanham’s counterclaim against Johns Hopkins University professors Nathan Connolly and Shani Mott can continue, District Judge Stephanie Gallagher ruled on Aug. 3. He sued for defamation based on media interviews the pair gave.

Appraiser can sue black professors who accused him of racism, judge rules | The College Fix

Married couple can also sue the appraiser for alleged discrimination.

www.thecollegefix.com

what happened...

Looks like an old article....

 

[George Hatch]

I've only seen one example in the press so far where there was a sales contract. In that example the sale fell through and the home was relisted and subsequently sold to a different buyer a couple months later for a price that supported the earlier appraisal after consideration for the increasing market trend. That subsequent price did not support the higher 2nd appraisal.

All the other examples we have seen here have involved refinance transactions where nobody can even argue that they lost any "inheritable wealth".

 

[djd09]

Looks like an old article....

enough evidence...not enough evidence...which one is it....something is starting to stink