HUD Dissolves "Woke" Policies Created by Appraisal Task Force

HUD dissolves "woke" policies created by appraisal task force

The Department of Housing and Urban Development reiterated it has withdrawn a number of FHA mortgagee letters related to the appraisal task force.

HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals

HUD said this endeavor "exemplified government overreach." Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals The post HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals appeared first on Weekly Real Estate News.

Trump administration 'effectively disbands' the PAVE task force

The Trump administration announced Thursday that it has ended the major policy provisions of the Biden-era Property Appraisal and Valuation Equity (PAVE) task force, “effectively disbanding” a program that sought to eliminate racial bias in the appraisal process. The directive primarily applies to two rules. One required appraisers and mortgage lenders to comply with the Fair Housing Act and anti-discrimination laws. The other required appraiser…

HUD and OMB Begin Rollback of PAVE Task Force - The MortgagePoint

Federal gencies begin to streamline the home appraisal process by disbanding Biden-era task force policies in an effort to improve efficiency, reduce regulatory burden, and expand access to homeownership.