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LoanDepot Settles High-Profile Appraisal Bias Lawsuit

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.

Johns hopkins universityUnited statesNew yorkLas vegasShane lanhamNathan connollyFreddie macShani mottJohn relmanUs district courtConsumer financial protection bureauInteragency task force on property appraisalMortgage bankers associationUs department of justiceBaltimore sunNew york times

Dr Shani Mott Spent Her Last Days Fighting For Housing Equality

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.

Bailey pointSouth carolinaUnited statesHilton headNew yorkTyler perryAltimese nicholeLas vegasJohn relmanShani mottLee davenportShane lanhamJosephine wrightNathan connollyNew york timesJohns hopkins university nathan connolly

LoanDepot Settles Appraisal Bias Suit After Scholar s Death

Mortgage company loanDepot has agreed to make policy changes and pay an undisclosed amount to resolve a Black couple's lawsuit claiming their Baltimore home was undervalued because of their race, just a couple of weeks after plaintiff Shani Mott, a scholar at Johns Hopkins University, died of cancer.

Shani mottJohns hopkins universityLauren berg

Couple Alleging Racial Bias in Home Appraisal Settles With Lender

A Black couple who claimed mortgage lender loanDepot denied a refinancing of their mortgage because it relied upon a racially biased, considerably low

Johns hopkins universityUnited statesShane lanhamNathan connollyJohn relmanShani mottUs district courtFair housing actEqual credit opportunity actRelman colfax

Loandepot and Maryland couple settle racial bias suit

Loandepot and Maryland couple settle racial bias suit
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United statesShani mottChristian jorgensenShane lanhamNathan connollyConsumer financial protection bureauUs district courtJustice departmentJohn hopkins universityFoothill ranch