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HUD Secretary on homebuyers of color: ‘We lose great wealth during the appraisal process’ | The Hill
Minority home owners are losing wealth because of an appraisal process that doesn’t provide them with the true value of their homes and properties, Housing and Urban Development (HUD) Secretary Marcia Fudge says in a new interview. She said HUD had been tasked by President Biden to look into appraisal bias during an appearance on…
