look at you still mad Trump lost
Such a moronic comment. I’d expect nothing more from such a pathetic poster/person. I don’t even know why I responded.
Black Couple Uses White Friend To Get Fair Home Appraisal After Getting Lowballed
- Thread starter Louisville Slugz
- Start date
Such a moronic comment. I’d expect nothing more from such a pathetic poster/person. I don’t even know why I responded.
Cat piss martini
Veteran
This is AmeriKKKa.
You’re right, and I’m not surprised. Crabs in a barrel. The shyt is beyond sad. I myself, love to see my people righteously doing well and prospering. I could never do some shyt like that to anyone, but especially not to my own people. I might have too much integrity.
Contrefaire
Superstar
I think this was done before. One of thoseny local channel news investigator stories did this in long island a few years back. I think the black family would go in and get told the house was sold or price rose but when the white couple came in the shyt was like 100gs cheaper
This type of shyt is one of the main reasons I didn't meet the (former) owners until the day I closed and got my keys. They were older and white and polite enough (not that it mattered) but as soon as I walked in they were both monetarily shook. Through my realtor I got them to come down on the price by about 13k and pay closing, two things I know for a fact they never would've agreed to had they known I was black.
Dreamchaser
All Star
They should sue, housing discrimination is a real crime and needs to be enforced.
People don’t realize this. Companies aren’t willing to ruin their reputation or fines over individuals who do this. You could get a nice settlement out of these companies. my job doesn’t play about this there are several different channels you can use to report housing discrimination.
that's why I don't put my face on shyt or fill in that part of the application sometimes. these cacs don't even try to play fair.
Mr Uncle Leroy
All Star
It is patheticRent-a-Cac. Could be a real business venture.
White racism and bias and the gall that white c00ns and white biased try to blame blacks for problems caused and inflicted by white racism.
Renting cacs sounds ideal.
However, racism and systematic racism needs to be dealt with.
This means, everytime black and whites do business, there needs to be a review board by none c00ns, to fix white racist errors and mistakes.
get these nets
Veteran
@Louisville Slugz
Mortgage
Landmark study confirms troubling 'appraisal gap' in minority enclaves
Mortgage giant Freddie Mac's analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias
September 21, 2021
Researchers at Freddie Mac have confirmed the existence of an “appraisal gap” for homeowners in predominantly Latino and Black neighborhoods, where appraisals are more likely to come in below the contract price than in majority white census tracts.
The mortgage giant’s analysis of 12 million home purchase appraisals conducted between 2015 and 2020 adds statistical weight to media reports and formal complaints by individual homeowners who have claimed they were discriminated against by biased appraisers who undervalued their properties.
In their report, “Racial and Ethnic Valuation Gaps In Home Purchase Appraisals,” Freddie Mac researchers identified some practices that could be contributing to the appraisal gap, including a greater willingness by appraisers to seek out comparable sales, or “comps,” that are further away when valuing properties in white neighborhoods. But those factors accounted for only part of the appraisal gaps that showed up in the work of “a large portion” of appraisers, the report said.
“The appraisal gaps identified are not being driven by only a small fraction of appraisers — a large portion of appraisers who completed appraisals in both minority and non-minority areas generated statistically significant gaps,” Freddie Mac said in announcing the publication of the report.
Federal task force to issue action report on appraisal bias
Freddie Mac’s research comes in the wake of a June 1 Biden administration initiative that launched an interagency initiative to address appraisal bias, as part of a larger effort to build black wealth and narrow the racial wealth gap. Biden announced the creation of an interagency task force to address home appraisal inequities. That group, called the Property Appraisal and Valuation Equity task force, chaired by U.S. Department of Housing and Urban Development Secretary Marcia Fudge and Domestic Policy Council Director Susan Rice, will release a report in the detailing the “extent, causes and consequences” of appraisal discrimination and a policy roadmap to help root it out.
Task force members, including cabinet-level leaders from executive departments and additional members from independent agencies, held their first meeting on Aug. 5 to outline the scope of the group’s work, which will include creating a “comprehensive approach to combating valuation bias through enforcement and other efforts.”
The PAVE task force will deliver a final action report in 180 days, which will also seek to combat appraisal bias by making high-quality data available, and educating consumer and training appraisers.
Mortgage
Landmark study confirms troubling 'appraisal gap' in minority enclaves
Mortgage giant Freddie Mac's analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias
September 21, 2021
Researchers at Freddie Mac have confirmed the existence of an “appraisal gap” for homeowners in predominantly Latino and Black neighborhoods, where appraisals are more likely to come in below the contract price than in majority white census tracts.
The mortgage giant’s analysis of 12 million home purchase appraisals conducted between 2015 and 2020 adds statistical weight to media reports and formal complaints by individual homeowners who have claimed they were discriminated against by biased appraisers who undervalued their properties.
In their report, “Racial and Ethnic Valuation Gaps In Home Purchase Appraisals,” Freddie Mac researchers identified some practices that could be contributing to the appraisal gap, including a greater willingness by appraisers to seek out comparable sales, or “comps,” that are further away when valuing properties in white neighborhoods. But those factors accounted for only part of the appraisal gaps that showed up in the work of “a large portion” of appraisers, the report said.
“The appraisal gaps identified are not being driven by only a small fraction of appraisers — a large portion of appraisers who completed appraisals in both minority and non-minority areas generated statistically significant gaps,” Freddie Mac said in announcing the publication of the report.
Federal task force to issue action report on appraisal bias
Freddie Mac’s research comes in the wake of a June 1 Biden administration initiative that launched an interagency initiative to address appraisal bias, as part of a larger effort to build black wealth and narrow the racial wealth gap. Biden announced the creation of an interagency task force to address home appraisal inequities. That group, called the Property Appraisal and Valuation Equity task force, chaired by U.S. Department of Housing and Urban Development Secretary Marcia Fudge and Domestic Policy Council Director Susan Rice, will release a report in the detailing the “extent, causes and consequences” of appraisal discrimination and a policy roadmap to help root it out.
Task force members, including cabinet-level leaders from executive departments and additional members from independent agencies, held their first meeting on Aug. 5 to outline the scope of the group’s work, which will include creating a “comprehensive approach to combating valuation bias through enforcement and other efforts.”
The PAVE task force will deliver a final action report in 180 days, which will also seek to combat appraisal bias by making high-quality data available, and educating consumer and training appraisers.
Louisville Slugz
Superstar
I forgot all about this thread