Tag Archives: appraisal discrimination

A new report from the American Enterprise Institute found multiple pitfalls in current governmental and GSE data and recommends that they turn their eye to individual appraisers to get a better picture of potential racial bias.

“HUD is committed to making the appraisal process fair nationwide. We must eliminate bias in home valuations so that everyone can equally reap the benefit of wealth—and intergenerational wealth—that come along with homeownership,” said HUD Secretary Marcia L. Fudge.

Appraisals can be a stressful process for any buying or selling a home and there are many reasons why an appraisal would be undervalued or overvalued. Water intrusion, ...

More than 30% of African-Americans polled in a new study believe that home values came in lower than expected.