CFPB: Appraisal Subcommittee Hearing Addresses Appraisal Bias, Highlights Deficiencies With Appraisal Foundation
March 19, 2024
March 19, 2024
WASHINGTON, March 19 -- The Consumer Financial Protection Bureau issued the following news on March 18, 2024:
Homeownership can be a powerful tool for building intergenerational wealth, and a well-functioning mortgage market depends on accurate appraisals. Many minority homebuyers and owners, however, continue to report facing illegal discrimination during the home appraisal process because of their race, national origin, and community demographics.
A little-known non-p . . .
Homeownership can be a powerful tool for building intergenerational wealth, and a well-functioning mortgage market depends on accurate appraisals. Many minority homebuyers and owners, however, continue to report facing illegal discrimination during the home appraisal process because of their race, national origin, and community demographics.
A little-known non-p . . .