WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging John and Nancy Meany, owners of an apartment building in Traer, Iowa, with violating the Fair Housing Act for refusing to accommodate a request from a family with a child with cerebral palsy. HUD brings the charge on behalf of the child and her mother, claiming the owners refused to allow the seven-year-old girl to have a medically-prescribed emotional support animal. Additionally, the owners allegedly told the mother that if she got the animal, she would have to either move or pay more money to stay.

BNY Mellon chief steps down --

BNY Mellon (BK: 20.67 -0.72%) CEO Robert Kelly stepped down Wednesday, citing differences with the board of directors over how to manage the company.
BNY Mellon named Gerald Hassell, a board member and president of the investment giant, as Kelly's replacement.
"Gerald is ideally positioned to guide BNY Mellon through the next phase of its growth and […]

Bank of America may wind down correspondent lending if sale fails --

Bank of America (BAC: 8.219 +1.34%) said Wednesday it will officially exit the correspondent mortgage lending business. The nation's largest bank said the preferred option would be an out-and-out sale of the platform, and outlined options should this fail to happen.
Either way, the bank wants out.
Rumors brewed in previous weeks of the move, and sources […]

Title insurance premiums rise in 21 states in 2Q --

Title insurance premiums written during the second quarter grew in 21 states and Washington D.C., the American Land Title Association said Tuesday.
The state of California generated the most title insurance premiums, $ 320 million to be exact, down 8.8% from last year, ALTA said.
Meanwhile, Texas ranked second, pulling in $ 286 million in new premiums, up 7.5% […]

CoreLogic shares get 29% boost on possible sale --

CoreLogic Inc. (CLGX: 11.35 +29.12%) shares soared 29% in Tuesday trading after the company, which provides data and services to the real estate and mortgage markets, said late Monday that it is exploring strategic options, including a possible merger or sale of the company.
It was among the companies gaining the most ground in trading, closing […]


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