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Black California Homeowner Says He Almost Lost $155K In Home Appraisal Because Comps Chosen Were 'Bottom of the Barrel'


Two Black California business partners say they were lowballed by $155,000 in a home appraisal because of their race
Braunz Courtney and his longtime friend and business partner Jamar Mears, a licensed real estate agent, told ABC7 they were shocked when the East Oakland home was valued at $575,000 in December. A separate appraisal conducted just one month later placed the value of the Northern California home at $730,000.
“Something’s not adding up here,” Courtney said.
Home appraisers are required by the Fair Housing Act of 1968 not to discriminate on the basis of race, religion, national origin, or gender.
Fair housing advocates say bias complaints are underreported and that homeowners often don’t know they are facing discrimination. ....

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Appraisal Institute, Fannie Mae, National Urban League Award Scholarships to Strengthen Diversity in Profession


Appraisal Institute, Fannie Mae, National Urban League Award Scholarships to Strengthen Diversity in Profession
14 students receive $1,250 in scholarships for three qualifying education courses as part of Appraiser Diversity Initiative
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CHICAGO, Feb. 18, 2021 /PRNewswire/ The Appraisal Institute in collaboration with Fannie Mae and the National Urban League today announced the first class of 2021 aspiring real estate appraisers receiving scholarships through the Appraiser Diversity Initiative. The scholarship recipients were Jamilah Abdur Rahman, Philadelphia; Angela Anderson, Portsmouth, Rhode Island; Heather Boyd, Waynesville, North Carolina; Vernon Davis, Jr, New Orleans; Devyn Gonzalez, Dallas; Akil Henderson, White Plains, Maryland; Theresa Kennedy, Atlantic City, New Jersey; Melinda Kitchens, Florence, Montana; Abby Reichner, Zephyrhills, Florida; Kristeen Reynolds, Port Arthur, Texas; Ophelia Robins ....

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Appraisal Institute, Fannie Mae, National Urban League Award Scholarships to Strengthen Diversity in Profession

Appraisal Institute, Fannie Mae, National Urban League Award Scholarships to Strengthen Diversity in Profession
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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