Homeowner Sues Bank of America for Fair Housing Violations After Low Appraisal

Thursday, April 23rd, 2026

A woman is suing Bank of America and a Virginia-based appraiser for racial discrimination, the latest Fair Housing-related lawsuit alleging that lenders and appraisers undervalue homes based on the race of the occupants. Darchelle Braxton, a Black woman who last summer attempted to secure a loan for home improvements on an investment property, claims an…

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Mortgage Mix: CFPB Proposal Raises Fair Housing Concerns

Friday, December 19th, 2025

Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – A new proposal from the Consumer Financial Protection Bureau (CFPB) involving the Equal Credit Opportunity Act (ECOA) has created questions surrounding women’s and minority borrowers’ ability to get a mortgage. The proposal would…

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