Remove research publication intergenerational-homeownership
article thumbnail

HUD is developing an appraisal review process to investigate racial bias

Housing Wire

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,” HUD Secretary Marcia L. In addition, new cases regarding racial bias on appraisals became public over the last year.

article thumbnail

GSEs still shun the low end of manufactured housing

Housing Wire

The home itself is a depreciating asset, which makes it difficult for manufactured homeowners to build equity or intergenerational wealth. “The public policy purpose behind promoting homeownership is to create an avenue for long-term wealth building. At some point we have to stop doing research and move forward.”.

Finance 369