Nationwide appraisal ethics rule changes postponed until 2024

The Appraisal Foundation’s Appraisal Standards Board says it needs more time to assess proposed changes designed to close the door to discrimination. Continue reading

FairPlay lands $4.5M seed round to help lenders combat racial bias

The New York-based startup helps lenders discover bias in algorithms and take a second look at rejected applicants using “cutting edge AI fairness techniques.” Continue reading

Deep dive into mortgage data claims glaring racial disparities

Mortgage lenders are more likely to turn down homebuyers of color than white applicants with similar attributes, and algorithms are likely to blame, according to in-depth analysis by The Markup, a nonprofit newsroom that’s “watching big tech.” Continue reading

HUD moves forward with ‘disparate impact’ proposal

Activists argue the change will make it easier for businesses and landlords to discriminate and harder for tenants to bring lawsuits for housing discrimination.  Continue reading

48 companies sued for denying tenants with criminal records

Florida’s state Realtor association is warning its more than 187,000 members against blanket policies that deny housing to tenants with criminal records. Continue reading

HUD proposes change that would make proving housing discrimination more difficult

The proposed changes to ‘disparate impact’ rule come at a time when the gap between black and white homeowners is growing, according to a Redfin study. Continue reading