As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading
As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading
As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading
Prosecutors allege appraisal that erased $220,000 from Denver duplex’s value discriminated against Black owner and thwarted her attempt to refinance at lower rates. Continue reading
Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act. Rocket says it expects to prevail. Continue reading
Fair housing expert Dr. Lee Davenport says that your low appraisal may have nothing to do with the lack of landscaping. Continue reading
The Appraisal Foundation will establish $1.22 million scholarship fund to help aspiring appraisers navigate “an alternative, more inclusive path” for fulfilling experience requirements that are said to have contributed to a lack of diversity. Continue reading
The Baltimore homeowner succumbed to cancer before she could celebrate a landmark appraisal bias win. She’s part of a long legacy of Black homeowners who’ve died while fighting for their rights. Continue reading
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
If your client is frustrated by a lowball appraisal, even when they’ve done everything right to get ready for the market, there may be bias at work, Dr. Lee Davenport writes. Continue reading