Biden administration to fight racial bias in real estate appraisals
By ReutersPosted on
FILE PHOTO: A newly built home sits vacant with a “For Sale” sign in front, at the Courtland Ridge development in Alpine, Utah, March 26, 2008. REUTERS/George Frey
By Trevor Hunnicutt
WASHINGTON – The Biden administration on Wednesday announced new steps to crack down on real estate appraisers who perpetuate property inequalities by assigning lower home price estimates to Black and Latino owners.