An expert said he believes the lack of understanding of how appraisers arrive at a value can lead some to jump to the conclusion of bias.

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RALEIGH, N.C. (WTVD) — When LaToya Bogan went to refinance her home this fall she was shocked by its appraised value.

“My mouth was floored. I had to read it and reread it and then reread again,” the Willow Spring homeowner remembered.

The appraisal found Bogan’s home was worth $25,000 more than when she purchased it but she said she believed this was an extreme underestimate. Bogan who works in real estate knew of other similar nearby homes that had been appraised for much higher…

The post NFHA’s SVP of Public Policy Discusses Groundbreaking Report on Appraisal Bias (ABC11 Raleigh) appeared first on NFHA.

An expert said he believes the lack of understanding of how appraisers arrive at a value can lead some to jump to the conclusion of bias.

A groundbreaking report released by the National Fair Housing Alliance on January 19, 2022, is calling for sweeping reforms in the appraisal industry and highlights a lack of diversity in the field, among other challenges.

The post NFHA’s President and CEO Discusses Groundbreaking Report on Appraisal Bias in Real Estate (ABC7 San Francisco) appeared first on NFHA.

Artificial intelligence can both perpetuate and mitigate bias, says tech equity officer

Michael Akinwumi, chief tech equity officer at the National Fair Housing Alliance, explains how artificial intelligence can perpetuate discrimination and how it can also be used to address it.

The post NFHA’s Chief Tech Equity Officer, Michael Akinwumi, Discusses AI Bias with Government Matters News appeared first on NFHA.

NFHA’s General Counsel, Morgan Williams Discusses Disparate Impact With ABC News

The post NFHA’s General Counsel, Morgan Williams, Discusses Disparate Impact (ABC News) appeared first on NFHA.

The Fair Housing Act: Reviewing Efforts to Eliminate Discrimination

Tuesday, April 2, 2019 — Committee on Financial Services Hearing: “The Fair Housing Act: Reviewing Efforts to Eliminate Discrimination and Promote Opportunity in Housing.”

The post NFHA Board Member Cashauna Hill, Executive Director of the Greater New Orleans Fair Housing Action Center, testifies before the House Committee on Financial Services appeared first on NFHA.

Stakeholder Perspectives: Fair Housing

The post NFHA Board Chair Keenya Robertson, President and CEO of Housing Opportunities Project for Excellence, Inc., testifies before the House Committee on Appropriations appeared first on NFHA.

The post NFHA’s Vice President of Housing Policy and Special Projects, Debby Goldberg, gives remarks on the American Housing and Economic Mobility Act appeared first on NFHA.

Homeownership while black: Examining the devaluation of assets in black neighborhoods

On Wednesday, December 5, 2018, the Brookings Metropolitan Policy Program and Gallup explored the findings of the report, “The devaluation of assets in black neighborhoods: The case of residential property,” by Andre Perry, Jonathan Rothwell, and David Harshbarger.

The post NFHA’s Director of Public Policy, Jorge Soto, speaks at Brookings Institution for the Homeownership While Black forum appeared first on NFHA.