A new report from the American Enterprise Institute found multiple pitfalls in current governmental and GSE data and recommends that they turn their eye to individual appraisers to get a better picture of potential racial bias.
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HUD Announces New Steps to Combat Racial Bias in Appraisals
“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.
Read More »New Policies Could Help Close Racial Wealth Gap
The single-family home has been the main driver of wealth building among the middle class and that ideology has affected policy in one way or another in seeming ...
Read More »Thank Goodness for Mortgage Insurance
With affordability and inventory challenges rampant, Marshall Gayden of Radian Guaranty discusses why mortgage insurance can be the key to helping more buyers afford a home.
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