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.
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 ...
“Why did I let myself forget that I live in America as a Black person?" This report is part of "Turning Point," a groundbreaking series by ABC News examining the racial reckoning sweeping the United ...
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 ...
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 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 ...
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 ...
PRINCE GEORGE'S COUNTY, Md. — Two Black families in Prince George’s County found themselves joined by a shared experience involving their large, luxury homes. Their houses failed to meet the ...
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 ...
A Black couple’s lawsuit against a home appraisal company is now catching the attention of the Department of Justice. Last week, the DOJ filed a statement of interest in the couple’s claim that the ...