Goal-based performance appraisal techniques use quantitative performance management indicators to determine how well an employee is performing against the group, or against goals set by management.
During a panel on residential appraisals, experts posed technology as a way to make appraisals more efficient and less subjective, as regulators take steps to understand and counteract bias. But tech ...
The inspector general said FHFA should formally file complaints about appraisal bias with state regulators. A new report from the Office of Inspector General (OIG) for the Federal Housing Finance ...
The home appraisal process aims to be fair and objective. By law, home appraisers should never consider race, national origin, gender or religion when estimating the value of a property. Yet homes in ...
RALEIGH, N.C. (WTVD) -- When LaToya Bogan went to refinance her home this fall she was shocked by its appraised value. "My mouth was floored. I had to read it and reread it and then reread again," the ...
Bias in the appraisal process strips homeowners of wealth and hurts the values of neighboring homes. Studies show that homes in areas with mostly residents of color are often undervalued compared to ...
Years of homeowner horror stories and a growing body of research has cast a harsh light on how frequently racial bias can skew home appraisals. It's an industry that's dominated by white men whose ...
This is Part II of HousingWire’s deep dive into the appraisal profession, and the wave of racial bias claims that has rocked it. In Part I, we looked at the origins of the profession, its present ...
Nathan Connolly and the estate of Shani Mott, who recently died, will receive a payment from their mortgage lender, which also agreed to several policy changes to discourage discrimination. By Debra ...