Restoring common sense to federal policySocioeconomic status factors largely explain disparities in home valuations beyond racial lines.
Rocket Mortgage sues HUD over its inclusion in appraisal lawsuitRocket Mortgage is suing HUD, claiming wrongful association with a discrimination lawsuit over appraisal bias involving a Black homeowner.
CFPB turns rulemaking eye toward AI use in automated home appraisalsThe CFPB approved a new rule targeting algorithms and AI in home valuations to ensure accuracy and prevent discrimination in the appraisal process.