People accuse Fannie Mae of racial discrimination in N.O.

The National Fair Housing Alliance claims Fannie Mae is systematically discriminating against blacks and latinos. (Source: WVUE Photo)
The National Fair Housing Alliance claims Fannie Mae is systematically discriminating against blacks and latinos. (Source: WVUE Photo)

NEW ORLEANS, LA (WVUE) - Some people think a federally subsidized housing corporation discriminates against blacks and Latinos in New Orleans.

The National Fair Housing Alliance announced Wednesday it has filed a complaint with the U.S. Department of Housing and Urban Development. It claims the Federal National Mortgage Association, commonly known as Fannie Mae, is systematically discriminating against blacks and latinos by allowing foreclosed properties in some neighborhoods to languish.

According to our partners at NOLA.com | The Times Picayune, Fannie Mae denies the allegations. "We are confident that our standards ensure that properties in all neighborhoods are treated equally, and we perform rigorous quality control to make sure that is the case," a Fannie Mae spokesman said.

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