The five-point plan seeks to make the appraisal industry more accountable, arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry, and leverage federal data to benefit research and policymaking.
Source: Inman News
Biden administration lays out bold plan to combat appraisal bias
Published in appraisal bias, Appraisal Institute, automated property valuations, AVM, Banking & Lending, Biden administration, hud, kamala harris, Marcia Fudge, Markets & Economy, Mortgage, Select, the appraisal foundation, uspap and white house
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