Agnostic.com

3 4

LINK Black couple sues after they say home valuation rises nearly $300,000 when shown by White colleague | CNN

(A very common way in which racial discrimination still exists in the U.S.)

CNN)A Maryland couple has sued a local real estate appraiser and an online mortgage loan provider, alleging that the housing appraisal they received was unfairly low due to their race, in violation of the Fair Housing Act, after a second appraisal returned a result nearly $300,000 higher.
Nathan Connolly and Shani Mott filed suit against 20/20 Valuations LLC, its owner Shane Lanham, and loanDepot.com on Monday, alleging the defendants 20/20 Valuations LLC and its owner "discriminated against Plaintiffs by dramatically undervaluing their home in an appraisal because of Plaintiffs' race and their home's location adjacent to a Black census block, notwithstanding that it is also located within Homeland, an affluent, mostly white neighborhood," and loanDepot.com discriminated against them by relying on that appraisal in denying their refinance loan. ...

snytiger6 9 Aug 20
Share

Enjoy being online again!

Welcome to the community of good people who base their values on evidence and appreciate civil discourse - the social network you will enjoy.

Create your free account

3 comments

Feel free to reply to any comment by clicking the "Reply" button.

1

Good for them and I hope they get a big settlement.

1

I wish them great success. Law suits are the only resource citizens have to address wrongs.

2

Sic 'em!

You can include a link to this post in your posts and comments by including the text q:682458
Agnostic does not evaluate or guarantee the accuracy of any content. Read full disclaimer.