Day: March 24, 2022

Was your home appraisal low because you’re Black? HUD Secretary Marcia Fudge releases new report on stopping racially biased home appraisals

Was your home appraisal low because you’re Black? HUD Secretary Marcia Fudge releases new report on stopping racially biased home appraisals

WASHINGTON. D. C. — Michael Johnson and his wife wanted to expand the space in their Upper Arlington, Ohio home to accommodate their growing family when the pandemic kicked in. But the financial institutions from whom they sought home equity loans kept providing them with such low estimates for the value of their home in …

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