#appraisal-bias

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Real estate
fromCity Limits
3 days 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
1 month 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
2 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
3 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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