Biden Administration Unveils Plan to Curb Racial Bias in Home Appraisals

Orange County Register, Mar. 24, 2022–Jeff Lazerson
On Wednesday, March 23, an inter-agency task force co-chaired by U.S. Housing and Urban Development Secretary Marcia Fudge unveiled an action plan designed to transform the appraisal industry and root out hidden bias that can affect a minority homeowner’s mortgage rates, equity and income from a sale. (MBA mention)