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

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…

The post Homeowner Sues Bank of America for Fair Housing Violations After Low Appraisal appeared first on RISMedia.

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