Homeowning While Black: Couple Alleges Bias in Appraisal

A couple in Baltimore is suing an appraiser and a mortgage lender, alleging their home was severely undervalued because they are Black, blocking them from refinancing their mortgage. The couple says a separate appraisal, done after “whitewashing” the place by removing family photos and having a white colleague stand in for them, pegged the home’s value higher by $278,000.

The two “were shocked at the appraisal and recognized that the low valuation was because of racial discrimination,” according to the suit filed earlier this week in U.S. District Court in Maryland.

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