Black Couple Who Said an Appraisal of Their Home Was Biased Settle Lawsuit
The New York Times-Real Estate·2024-03-26 06:02
A Black couple who claimed an appraisal company undervalued their Baltimore home based on their race have settled their lawsuit against their mortgage lender, loanDepot, which has agreed to a number of sweeping policy changes that could offer significant relief to homeowners who allege racially biased appraisals in the future.
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