Remove 2030 Remove Appraisal Remove Loan Officers Remove Open Houses
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Black Americans still face massive housing barriers

Housing Wire

The difference in appraisals has led to a $156 billion cumulative loss in value nationwide for majority-Black neighborhoods, the study claimed. In the lender’s direct marketing and open house materials, the models were white. The CFPB also found that loan officers sent internal emails “containing racist and derogatory content.”.