Black homes undervalued by $45K compared to white counterparts (National Mortgage News)

The racial imbalance in home values have shown few signs of progress over the past eight years…

“In many instances, the policies in the marketplace today have a discriminatory effect and operate to entrench racial wealth and equity, limiting communities of color and other underserved communities from accessing credit and home equity,” Morgan Williams, general counsel at the National Fair Housing Alliance, said in an interview. “Those practices abuse the market in so many varied ways that addressing the problem will take dismantling the discrimination and bias in those various facets.”…