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What Happened? The lender and consumers reached a settlement in an appraisal bias case, Nathan Connolly and Shani Mott v. Shane Lanham, 20/20 Valuations, LLC, and loanDepot.com, LLC,...
Lender revises appraisal policies and practices in wake of lawsuit by Baltimore couple who claimed their home was undervalued by more than $250,000 because they were Black.
The Baltimore homeowner succumbed to cancer before she could celebrate a landmark appraisal bias win. She's part of a long legacy of Black homeowners who've died while fighting for their rights.
A Black couple who claimed mortgage lender loanDepot denied a refinancing of their mortgage because it relied upon a racially biased, considerably low
Dr. Nathan Connolly and the estate of Dr. Shani Mott, who recently died, will receive a payment from their mortgage lender, which also agreed to several policy changes to discourage discrimination.