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More than 90% of appraisers are white, and researchers have found that bias leads to lower valuations for homeowners of color. A Flagstar executive said the mortgage-focused bank is "not just going to sit on the sidelines and watch this happen."
More than 90% of appraisers are white, and researchers have found that bias leads to lower valuations for homeowners of color. A Flagstar executive said the mortgage-focused bank is "not just going to sit on the sidelines and watch this happen."
Fannie Mae's Equitable Housing Finance Plan Outlines Specific Actions Fannie Mae Will Take to Knock Down Barriers and Provide Access to Affordable...
/PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today released a three-year Equitable Housing Finance Plan that outlines actions the company will take to knock down...
/PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today released a three-year Equitable Housing Finance Plan that outlines actions the company will take to knock down...