House Financial Services Committee sign Source: Shutterstock.

Both CUNA and NAFCU wrote to members of the House Financial Services Committee to show support for addressing the problem with home appraisal biases, since credit unions uniformly rely on accurate and unbiased appraisals to establish market values for lending.

According to data from the U.S. Census, only 45% of Black families and 50% of Latino families own homes, compared to 75% of white families.


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Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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