#appraisal-bias

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#rent-setting-algorithms #antitrust #housing-policy #housing-discrimination #retaliation #doj-lawsuit
Real estate
fromCity Limits
7 months ago

Governor Signs Bill Banning NY Landlords From Setting Rents via Algorithms

New York bans landlords' use of algorithm-based rent-setting software, updating antitrust laws to prevent price-fixing and address racial bias in home appraisals.
Real estate
fromwww.housingwire.com
8 months ago

Judge allows appraisal bias lawsuit against Rocket to proceed

Rocket Mortgage and appraisal firm Solidifi face DOJ allegations of racially undervaluing a Black homeowner's Denver property and retaliating by canceling her refinance.
Real estate
fromSFGATE
9 months ago

Mortgage Lenders' Approach to Appraisal Reviews: What To Know Now

Appraisals are critical in determining property values, with frequent errors impacting homeowners, especially in marginalized communities.
Real estate
fromwww.housingwire.com
10 months ago

Sen. Warnock introduces appraisal bias legislation to replace PAVE

A bill requires the FHFA to create an online database for home valuations and allows homebuyers to contest biased appraisals.
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