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Race Discrimination Financial Services Industry Appraisal

Ballard Spahr LLP

Federal judge dismisses high-profile case involving allegations of racial discrimination in appraisals

Ballard Spahr LLP on

A federal judge has dismissed a high-profile case involving allegations that a home appraiser was racially biased in his appraisal. ...more

Orrick, Herrington & Sutcliffe LLP

DOJ, CFPB: Lenders that rely on discriminatory appraisals violate the FHA and ECOA

On March 13, the DOJ and CFPB filed a statement of interest saying that a “lender violates both the [Fair Housing Act (FHA)] and ECOA if it relies on an appraisal that it knows or should know to be discriminatory.” ...more

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