Fannie Mae ‘Census Block Grid’ Adjustment Raises Redlining Concerns
Appraiserblogs
APRIL 23, 2024
“FNMA’s collateral underwriter tool has a line item adjustment it makes on every comparable called Census Block Grid.” The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. Related Posts: The One-Mile Rule: Prudent Policy or Modern Day Redlining?
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