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home appraisals

Blacks lose wealth through biased appraisals
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Blacks lose wealth through biased appraisals
Although the federal Fair Housing Act was passed more than 50 years ago, housing discrimination continues. Racial steering, redlining and failures of lenders to finance homes are all among the more-frequently cited forms of illegal discrimination. But another type of bias is just as insidious: under-valued home appraisals.
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