Over the past several months, the #PAVETaskForce - which I'm proud to co-chair with @AmbRice46 - has made important progress to advance racial equity in home appraisals.
Follow along for some of the efforts introduced across federal agencies. 1 /
Follow along for some of the efforts introduced across federal agencies. 1 /
.@HUDgov issued a Mortgagee Letter to appraisers, which emphasized compliance with the Fair Housing Act and other antidiscrimination laws. 2/
.@FHFA and @HUDgov signed a first-of-its-kind collaborative agreement to promote fair housing and fair lending coordination. 3/
The @ascgov launched an independent review of the appraisal regulatory system to evaluate potential hurdles to fair and objective appraisals. 4/
And soon, the #PAVETaskForce will release its report detailing government actions that ensure all Americans may create and leverage generational wealth through their homes.
Stay tuned for more: pave.hud.gov
Stay tuned for more: pave.hud.gov
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