In July, 2024, HUD announced that it has charged an appraiser, appraisal management company, and lender with race discrimination for issuing a biased appraisal and then denying a refinance loan application …
appraisal
Settlement in Landmark Appraisal Discrimination Case
By: Hope Williams, Supervising Attorney, Legal Aid of North Carolina – Fair Housing Project A settlement promising a significant impact on the home appraisal industry has been reached between the …
Black Homeowners Sue Appraisers Alleging Racial Discrimination
By: Hope Williams, Supervising Attorney, Fair Housing Project, Legal Aid of North Carolina When Drs. Nathan Connolly and Shani Mott, a Black married couple who are professors at Johns Hopkins …
NFHA and Interagency Task Force Issue Action-Oriented Reports to Address Bias in Appraisals
By: Hope Williams, Supervising Attorney The first months of 2022 brought significant news impacting ongoing efforts to address the legacy of discrimination in housing appraisals. In January 2022, the National …
Interagency Task Force Issues New Guidance on Appraisals & Fair Housing Compliance
On November 17, 2021, HUD issued a Mortgagee Letter (ML Guidance) clarifying the existing requirements for appraisers and mortgage lenders to comply with the Fair Housing Act….Read More