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HUD official talks appraisal bias task force

Housing Wire

A liberal think-tank, regulators, the government-sponsored enterprises, the President of the United States, even fintech firms have all called attention to appraisal bias. Marcia Fudge with leading an inter-agency task force to root out bias in appraisals. Marcia Fudge has said. What about last year?

Equity 354
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HUD Debuts Action Plan to Address Racial and Ethnic Bias in Home Appraisals

RIS Media

Department of Housing and Urban Development (HUD) has unveiled its roadmap for addressing racial bias in the home appraisal process. According to a HUD statement, the PAVE Task Force engaged more than 150 stakeholder groups as part of their six-month research and engagement efforts while putting the plan together.