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Resource Center
Appraisal Bias
Articles
A groundbreaking report released by the National Fair Housing Alliance on January 19, 2022, is calling for sweeping reforms in the appraisal industry and highlights a lack of diversity in the field, among other challenges.
LendingTree: "32% of Black Homeowners Believe Their Home’s Value Was Unfairly Appraised"
Written byDENNY CEIZYK | Edited by DAN SHEPARD and PEARLY HUANG Updated on: February 15, 2022 | READ THE FULL ARTICLE HERE Black Americans frequently face challenges achieving homeownership, even in areas with large Black populations, according to a 2021 LendingTree study. Those fortunate enough to overcome financial hurdles to become homeowners may face a different […]
CFPB: "Appraisal discrimination is illegal under federal law"
Patrice Alexander Ficklin | Feb. 4, 2022 View the full blog on CFPB’s website Home ownership is one of the best paths for building intergenerational wealth. But for some homebuyers and owners, a home’s valuation may be skewed by one’s skin color or the demographics of the surrounding community. A biased home appraisal can worsen […]