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Black Americans still face massive housing barriers

Housing Wire

iEmergent has outlined a new paradigm for how lenders can increase homeownership—especially to under-served and minority households—that is driven by opportunity and forward-looking, market-based opportunity data. In the lender’s direct marketing and open house materials, the models were white. Presented by: iEmergent.

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The opportunity cost of modern-day redlining

Housing Wire

For example, since home appraisals consider trends in past property values, BIPOC neighborhoods may be considered “risky” due to historic segregation and the cumulative effects of chronic underinvestment. Right now, the market is facing a unique alignment of regulatory focus, community need, and opportunity. million net new households.