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.
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Agencies Update Financial Exemption Requirements for 2023
Special appraisal dollar-amount limits, along with thresholds for Regulation Z and Regulation M, were adjusted by the CPFB to better reflect the current economic environment.
Read More »New Biden Plan Seeks to Eliminate Bias in Home Lending and Appraisals
The Biden Administration has established the PAVE Task Force to tackle racial bias in the home lending and appraisal process.
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