D&I

A series of actions set forth by the Biden Administration aims to strike out appraisal bias and level the playing field in building generational wealth via homeownership.

An upcoming Senate Banking Committee Hearing will examine actions the federal government has taken to combat the nation’s homelessness issue.

Donation to the Appraiser Diversity Initiative will address the lack of racial, ethnic, and gender diversity in appraisal field.

Tai Christensen of Arrive Home explains why now is the time for the Black community to shift their spending and invest in the American dream of homeownership.

According to a new study from Today's Homeowner, many homeowners are reducing their home improvement spending, as new data shows the Consumer Price Index fell in December for the first time since May 2020. However, prices remain significantly elevated compared to a year ago.

Addressing the issue of appraisal bias is critical, and Jeffrey Hogan of Veros explains what can be done to identify and prevent this problem.

Through this latest agreement, the Justice Department’s Combating Redlining Initiative has secured more than $75 million dollars in relief for communities that have suffered from lending discrimination.

Fannie Mae’s Jake Williamson and Appraisal Institute President Craig Steinley share their perspective with MReport about how the industry is working to improve the appraisal process in 2023.

“HUD is committed to making the appraisal process fair nationwide. We must eliminate bias in home valuations so that everyone can equally reap the benefit of wealth—and intergenerational wealth—that come along with homeownership,” said HUD Secretary Marcia L. Fudge.

Michele M. Evans of Fannie Mae discusses the GSE’s new Positive Rent Payment Reporting pilot program and how renters on the path to homeownership can build their credit history and improve their credit score.