Biden Administration to Fight Racial Bias in U.S. Real Estate Appraisals
Mar 24th 2022 12:56pm EDT
The Biden administration on Wednesday announced new steps to crack down on U.S. real estate appraisers who perpetuate property inequalities by assigning lower home price estimates to Black and Latino owners. Mortgage finance agency Freddie Mac found in 2021 that Black and Latino people were more likely to have their homes valued under the agreed […]
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