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Updated over 2 years ago,

User Stats

525
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745
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Ron Brady
  • Rental Property Investor
  • Burlington County, NJ
745
Votes |
525
Posts

Remote Appraisals of Homes Could Reduce Racial Bias

Ron Brady
  • Rental Property Investor
  • Burlington County, NJ
Posted

In today's New York Times: Remote Appraisals of Homes Could Reduce Racial Bias - The New York Times (nytimes.com)

My initial take is that this is a sound move by Fannie and Freddie to address a real issue.  If it helps increase equal opportunity and reduce the negative effects on homeowners of racial bias, great! If it can also speed up the appraisal process, that's an added bonus.

I am always pleased when moves are made in field of real estate to increase equality of opportunity.

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