LoanDepot settles high-profile appraisal bias lawsuit filed in 2022

Lender revises appraisal policies and practices in wake of lawsuit by Baltimore couple who claimed their home was undervalued by more than $250,000 because they were Black. Continue reading

LoanDepot, appraiser sued after ‘whitewashed’ home’s value surges

Dr. Nathan Connolly and Dr. Shani Mott alleged fair housing and civil rights violations after a second home appraisal came back $278,000 higher when they removed any indication of their race. Continue reading