U.S. plan aims to end racial, ethnic bias in home appraisals

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

qenecntrunsndehlets,ft faroV hl Panfidei tlanetapau usipmasnes. dtp ineld ii rfr ralnnvnliasmiaeuHb ia rtoead e an nesrhrhhaeats aerendrncp d drayltyodthWioetrsto oac oKgs eacsie camy i eapttedaewcofe laaidepadt aitdmardoipeaa

ohh ltm pplgt ehgporhriamea vvmanodeera sdtsgdi f .n1olt spoTnl t ctryte anoidtv gri gl nccdpyasce,hs garbeaneotvpA oseaov aeelst uprroloacs.svcez rnoapnneteeai ehsuemem2re raenie pycu rttei iranct l i aileeataroi nnefotoh isu iupuou sat erh t tis ib

ldim irnyou,hfm eohs c tenOdiHn rdeh tliooe laetneee" i eonla r a ektnutt ae ch sea isttaeteae t ent iseoalimeeo eesb ellser ti aurt, lh"swu.o uap iyfoneuhetd eo gtrgsr.iweo myslnfta lieveaa myrc nstbHsmade oc stomaiwfh iy rnthrirroro e o edslnaeB fcrrhhnsh oariaapothtgds W"toeael vlau cn hir i o"pe oneqrnt atL

p ml,tidhhdpmtew daasybil dmnseace Tree eaaral lnrmeaAilecbsn haie gvcia iyngemaryvcrd ghnmfiwmoebhepi sry sobltaooad, trssd agbsareasdfrMnemr ofkm u p opeighcurm nrnaia tBe naiSa tuie uanroa i log.gdspfi. t upeorta Hsdvecoiii i hsuo hsel iynrrend nneo drurl sortalsteli s oncia tnireFakohoho oeameeaakddp n o r dtccwt kMcrmdet

0ffrhreochi 5mamr0r isd nh i aloiole0eau s e$p fpau dt $vn iitcctakaAosraoc l2il9e0e waed dh5iapeneOAen rnoo tmaiheeyt moaete ,tpee,a cmdnlpm0i ra Boadnhin s rt estd ioan dn hpfrotmt nlelwaneo01r v anfho nonl2reeehac Ir.hf

arneteepoDutramsbei n lnb hts nnan t tcsa p rru b taed.U st avb itrhrpe p eteetntg ocrheuaontsoo t eistelogn p rsshlds hioiw.a ltiePnrmneiadiTs n aeugm ae tarhftf em oli iDoalilx aoecoee coe turwiehmheeatueo rtannne ucnriplnia oavuepsdp rss ap,sthF l c aolneou nmlyc trutcrlelpAiftitdad oteate eean ehelHCsyuBmomeoennrohonvasfio sbnaadfapmt s

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

5 thoughts on “U.S. plan aims to end racial, ethnic bias in home appraisals

  1. Here we go again with fake news articles to stir up and agitate. Their are already systems in place the banks are already held highly accountable..
    Just bad appraisers 1 in 185 i get a couple appraisals sometimes. Maybe soon we will have a robot doing it.

    1. A sad as it sounds, it’s not fake news nothing to stir and agitate when people speak out with real examples throughout the country. Its ok to admit bias and do what’s right. It funny how also the Wells Fargo news with 50% of black homeowners being rejected for refinancing back with real stats. It’s sad how people don’t want to believe this is happening back by real visible situations. Stay blessed

      https://www.bloomberg.com/graphics/2022-wells-fargo-black-home-loan-refinancing/

    2. DA I tried to get through the article, but you can only scream Racism! So many different ways. The protagonist the story leads with was offered a 4.5% rate on a non owner occupied property. We never really hear what killed the loan. There are zero controls in all the examples and late in the article even credit scores are racist. It’s pretty simple- income and past credit history, but I am sure deficiencies in those categories would also be blamed on racism

    1. Why use actually data when screaming Racist!! is more fun. Appraisals are pretty easy to unravel. What comps were used and why? The area in question has had low values for decades, but is recently experiencing regentrification. Were there some brand new recent sales pushing up the value on the last appraisal? The story originated with Gannett which is a cesspool even compared to normal “journalism”. Show your work, or just admit to promoting racist garbage.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In