A Maryland couple is suing appraisal firm 20/20 Valuations, its appraiser and mortgage lender loanDepot after their home was appraised at a far lower value than it was a few months later when they removed indications that a Black family lived there.
The post Appraisal firm, loanDepot sued by Black couple for bias appeared first on HousingWire.
A Maryland couple is suing appraisal firm 20/20 Valuations, its appraiser and mortgage lender loanDepot after their home was appraised at a far lower value than it was a few months later when they removed indications that a Black family lived there.
The post Appraisal firm, loanDepot sued by Black couple for bias appeared first on HousingWire.
Black Knight, a leading provider of integrated software and data analytics solutions, is at the forefront of offering intuitive digital closings that support all forms of closing.
The post Black Knight’s eClose technology offerings solve many of the common eClosing pain points appeared first on HousingWire.
Black Knight, a leading provider of integrated software and data analytics solutions, is at the forefront of offering intuitive digital closings that support all forms of closing.
The post Black Knight’s eClose technology offerings solve many of the common eClosing pain points appeared first on HousingWire.
With advances in data engineering and modeling, we can begin correcting some of the bias and issues in the modern appraisal process.
The post Opinion: A unified approach for reducing appraisal bias appeared first on HousingWire.
With advances in data engineering and modeling, we can begin correcting some of the bias and issues in the modern appraisal process.
The post Opinion: A unified approach for reducing appraisal bias appeared first on HousingWire.
A draft discussion bill circulated this week, sponsored by House Financial Services Chairperson Maxine Waters (D-CA), would strike the Appraisal Foundation, and replace it with an independent federal agency.
The post Bill would combat appraisal bias with new agency, public GSE database appeared first on HousingWire.
A draft discussion bill circulated this week, sponsored by House Financial Services Chairperson Maxine Waters (D-CA), would strike the Appraisal Foundation, and replace it with an independent federal agency.
The post Bill would combat appraisal bias with new agency, public GSE database appeared first on HousingWire.
Automated valuations tested on 50 ZIP codes in Chicago yielded no signs of racial bias, even on undervalued properties where disparities most frequently surface, according to a new Veros Real Estate Solutions study, which presents a contrast to other recent findings related to appraisal models.“We looked at whether the size of the errors is dependent on the racial composition of an area, and we found that it is not,” Research Economist Reena Agrawal, said in an interview about the report sh...
Automated valuations tested on 50 ZIP codes in Chicago yielded no signs of racial bias, even on undervalued properties where disparities most frequently surface, according to a new Veros Real Estate Solutions study, which presents a contrast to other recent findings related to appraisal models.“We looked at whether the size of the errors is dependent on the racial composition of an area, and we found that it is not,” Research Economist Reena Agrawal, said in an interview about the report sh...
Black Knight's Optimal Blue product, pricing and eligibility (PPE) engine added a location-based pricing feature amid a slowdown in the mortgage market.
The post Black Knight’s Optimal Blue adds location-based pricing feature appeared first on HousingWire.
Black Knight's Optimal Blue product, pricing and eligibility (PPE) engine added a location-based pricing feature amid a slowdown in the mortgage market.
The post Black Knight’s Optimal Blue adds location-based pricing feature appeared first on HousingWire.
Sustainability is a growing concern, and many folks will put in a little more work and pay a few more dollars to support greener businesses when traveling. So says travel reservation giant Booking.com after tallying results from a large international survey.
Sustainability is a growing concern, and many folks will put in a little more work and pay a few more dollars to support greener businesses when traveling. So says travel reservation giant Booking.com after tallying results from a large international survey.
During a Q&A session at HousingWire Annual, Sandra Thompson addressed the volatile housing market, affordability challenges, GSE risk strategies, and much more.
The post Sandra Thompson talks volatility, affordability challenges, appraisal bias and more appeared first on HousingWire.
During a Q&A session at HousingWire Annual, Sandra Thompson addressed the volatile housing market, affordability challenges, GSE risk strategies, and much more.
The post Sandra Thompson talks volatility, affordability challenges, appraisal bias and more appeared first on HousingWire.
