Appraiser News, Legal News
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Couple settles in home appraisal bias case against lender
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A Black couple who claimed mortgage lender loanDepot denied a refinancing of their mortgage because it relied upon a racially biased, considerably low appraisal of their Baltimore home, recently agreed to a legal settlement.
The lender vows to change how it handles complaints of racially biased appraisals.
Read on for the details surrounding this case.
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