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Biden Reports Major Advances in Reducing Racial Wealth Gap

Race-based appraisal gaps have narrowed in recent years: FHFA

While FHFA is encouraged, it noted that more analysis is needed to find a causal relationship between its plan and the reduced gaps in bias.

Biden touts progress on racial wealth gap — that may come with more property taxes

President Joe Biden plans to tout his progress on closing the "racial wealth gap" Friday in a speech at the National Action Network's 2024 convention.

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.

Biden Administration: Credit unions and banks responsible for policing appraisal bias

Credit unions and banks are expected to have systems in place to ensure that real estate appraisers who evaluate property in connection with loan