greenmountainelearning

Appraiser Countersues Black Plaintiffs Who Alleged Discrimination

Working RE Article
by Isaac Peck, Publisher
There are now a number of lawsuits facing appraisers where the primary allegation is racial discrimination.

Tate-Austin v. Janette Miller, filed in California in Dec. 2021, was one of the first (and perhaps the most publicized). But since late 2021, a number of similar lawsuits have popped up—from North Carolina to Maryland.

Connolly & Mott v. Shane Lanham et al. is one highly publicized lawsuit covered at length by mainstream media–CBS News, The New York Times, NBC, CNN, ABC News, and more.

Filed in August 2022 in the U.S. District Court of Maryland, Connolly and Mott allege that Lanham discriminated against them and violated professional appraisal standards because of his allegedly “racist beliefs” (among other things).

Mr. Lanham is now countersuing

The Appraisal Foundation President Testifies before the House Financial Services Committee

Testimony of David S. Bunton, President The Appraisal Foundation Devalued, Denied, and Disrespected:  How Home Appraisal Bias and Discrimination Are Hurting Homeowners and Communities of Color U.S. House of Representatives Committee on Financial Services March 29, 2022 1155 15th Street NW Suite 1111 Washington, DC 20005 202-347-7722 www.appraisalfoundation.org Read a pdf of David S. Bunton …

The Appraisal Foundation President Testifies before the House Financial Services Committee Read More »

The value of continuing educaition courses in Real Estate

Groundbreaking Report Identifies Bias and Systemic Barriers in Real Estate Appraisals NAR Report Paints a Different Picture

The federally-funded report produced by the National Fair Housing Alliance and its partners raises serious concerns about the standards and criteria related to the appraisal of residential real estate, which often represents a family’s largest asset.

Washington, D.C. — Racial discrimination in home appraisals continues to affect Black and Latino homeowners throughout our country, and a new federally-commissioned report from the National Fair Housing Alliance (NFHA) identifies recommendations to address this crisis.

PAVE – Action Plan to Advance Property Appraisal and Valuation Equity

FOR MANY AMERICANS, the dream of homeownership and the long-term financial security this investment represents is a dream deferred or unrealized. Homeownership is often hindered by inequities within current home lending and appraisal processes, which research shows disproportionately impact people in communities of color. Though this broken system was created decades ago, perhaps the biggest …

PAVE – Action Plan to Advance Property Appraisal and Valuation Equity Read More »