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AI could improve racial equity in homeownership, but there’s work to be done

Housing Wire

Nearly 50 interviews from staff members in the federal government, financial technology companies, mortgage lenders and consumer advocates found that the ability of AI to improve racial equity can be undermined by the data used to train the algorithm, not just by the algorithm itself.

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HUD dings Movement Mortgage for alleged fair housing violations

Housing Wire

The agreement resolves a complaint the NCRC filed in October 2021 with the Department of Housing and Urban Development. ” NCRC had previously provided training to Movement Mortgage, at the lender’s request, in 2019. Movement mortgage employees will complete additional fair lending training as part of the agreement with HUD.

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Fed watchdog: Fair Housing Act, ECOA must evolve with realities of A.I.

Housing Wire

As our financial system evolves, it is critical that we adapt our application of the Fair Housing Act and ECOA to deal with technological change and other developments,” Barr said in his speech.

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NAR staffers demand resignation of Bob Goldberg, other leaders

Housing Wire

On Thursday, the trade group informed members that it was bringing in a third-party human resources reporting system and a third-party independent law firm to conduct a review of the organization. The letter also addresses a separate letter from Denise Drake, an attorney at Polsinelli Law Firm , to Goldberg dated July 14, 2023.

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5 best Arizona real estate schools for 2024

Housing Wire

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. Deluxe: Required 90 hrs of coursework.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

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Opinion: Who decides what American neighborhoods look like?

Housing Wire

The answer is a combination of real estate developers, brokers, investors, agents and property owners — the overwhelming majority of whom are white. Neighborhoods are subject to the choices of developers, municipal governments and other outside groups. Who decides what our neighborhoods look like? And who profits from these projects?