Bias in Home Appraisal Process
Housing and Urban Development (HUD) Secretary Marcia Fudge discussed racial biases in housing appraisals at an event co-hosted by the… read more
Housing and Urban Development (HUD) Secretary Marcia Fudge discussed racial biases in housing appraisals at an event co-hosted by the Brookings Institution and the National Fair Housing Alliance. The secretary announced reforms focused on advancing racial equity in the home appraisal process and finding solutions to combat discrimination. Rep. Maxine Waters (D-CA) could not join in person due to a family emergency, but gave remarks via prerecorded video about racial disparities in home ownership rates and discussed legislation that will help mitigate ongoing bias and discrimination. close
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