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Detailed text transcripts for TV channel - MSNBC - 20210523:02:43:00

Dissipated. then i just cried. reporter: duffy s experience isn t isolated. homes in black neighborhoods, equivalent to white counterparts in similar social circumstances now are underpriced by 23%, about $48,000 per home. that adds up to $156 billion in lost equity. reporter: this month duffy filed a complaint with the u.s. department of housing and urban development, alleging discrimination in both her appraisal and lending process. you are taking away my family s ability to create generational wealth. reporter: in statements to nbc news, citywide home loans denied discrimination and said they re actively participating in the hud investigation. freedom mortgage said they used an automated valuation model after receiving the complaint and stood by the appraised value. none of the appraisers named in ....

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Detailed text transcripts for TV channel - MSNBC - 20210522:23:43:00

Isn t isolated. homes in black neighborhoods equivalent to their white counterparts are underpriced by 23%, about $48,000 per home. that adds up to $156 billion in lost equity. reporter: this month, duffey filed a complaint with the u.s. department of housing and urban department, alleging discrimination in both her appraisal and lending process. you are taking away my family s ability to create generational wealth. reporter: in statements to nbc news, citywide home loans denied any discrimination and said they are actively participating in the hud investigation. freedom mortgage said they use an automated valuation model after receiving the complaint and stood by the appraised value. none of the appraisers named in the complaint responded to nbc s request for comment. as for duffey, she used the ....

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Detailed text transcripts for TV channel - MSNBC - 20210522:16:48:00

Appraisal and lending process. you are taking away my family s ability to create generational wealth. in statements to nbc news, citywide home loans denied any discrimination and said they are actively part us pating in the hud investigation. freedom mortgage said they used an automatic automated valuation model and stood by the value. none of the appraisals named in the complaint responded to nbc s request for comment. carla duffy is joining me now along with amy nelson executive director of the fair housing center of indiana. welcome, ladies, to both of you. carlet, let s go time. first appraisal, you were looking for a refi on your home. 125 grand. second appraisal, 110 grand and then what did you do to flip ....

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