A 20 per cent increase in judicial review challenges this year has been identified as a key barrier to timely completion of ...

This year’s report follows up on whether the FHFA addressed examples of valuation bias they found. The OIG found that, throughout all of 2022, the FHFA made 17 referrals and provided 25.6 million ...

Some consumer advocates consider opaque appraisal fees to be one of the most egregious examples of hidden costs in homebuying. As buyers face a rise in closing costs — the pesky fees, like title ...

Family claims racial bias affected housing appraisal because of wife's race: Part 1 After receiving a low appraisal, Abena Horton, who is Black, and her husband, who is white, asked for a second ...

Rolling back PAVE signals a return to evidence-based housing policy and a rejection of flawed claims of systemic appraisal ...

After Ms. Horton removed all signs of Blackness, a second appraisal valued a Jacksonville home owned by her and her husband, Alex Horton, at 40 percent higher. Charlotte Kesl for The New York Times ...

It's unlawful to discriminate, and it's not clear exactly how much undervaluation is due to appraiser bias. But Sonceau says it can certainly creep into an appraisal report, intended or not, and ...

Home appraisal discrimination is also called appraisal bias. Put simply: It's assigning a lower value to a home because of the race of the person who lives there, and it can happen consciously or ...

So, another appraisal was ordered. The second appraisal came back at 1.3 million, but it was still lower than their total construction costs by nearly $500,000 dollars.

The first appraisal came back at $125,000 and she was shocked. After an independent market analysis estimated her home at $187,000, she tried again. "Then to get the second one and it's $15,000 ...

The U.S. Department of Housing and Urban Development can receive allegations of appraisal discrimination. But from 2019 to 2020, the Washington Post reported, HUD received just 12. For this story ...