Black couple sues after they say home valuation rises nearly $300,000 when shown by white colleague

United States News News

Black couple sues after they say home valuation rises nearly $300,000 when shown by white colleague
United States Latest News,United States Headlines
  • 📰 TucsonStar
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 59%

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.

By Justin Gamble and Virginia Langmaid, 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.

"Plaintiffs were shocked at the appraisal and recognized that the low valuation was because of racial discrimination. They told this to their loanDepot loan officer and challenged the appraisal in a detailed letter," the suit reads. "Defendant Lanham's decision to geographically limit the area from which he selected comparable sales reflected his belief that, because of their race, Dr. Connolly and Dr. Mott did not belong in Homeland, an attractive and predominantly white neighborhood, and that a home with Black homeowners located adjacent to a predominantly Black area is worth less than if it were in the whiter areas that he deemed 'the heart' of Homeland," the lawsuit alleges.

National News Who owns your credit score? Not you The couple is seeking damages and relief from Lanham, 20/20 Valuations LLC, and loanDepot for violations of the Fair Housing Act, the Equal Credit Opportunity Act, the Civil Rights Act of 1866, and Maryland Fair Housing Laws, according to the complaint.

And in Indiana last year, when Carlette Duffy concealed that she was Black, she told CNN her home's appraised value more than doubled.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TucsonStar /  🏆 339. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nearly half of college students wouldn't 'dorm across the aisle'Nearly half of college students wouldn't 'dorm across the aisle''Nearly half of rising college sophomores say they likely wouldn't choose to live with someone who supported the opposing candidate in the 2020 presidential election.' More from axios, Center bias:
Read more »

SF man allegedly killed father, stepmother while livestreamingSF man allegedly killed father, stepmother while livestreamingThe couple's 11-year-old daughter was reportedly at home during the shooting.
Read more »

‘The Chi’ Renewed for Sixth Season at Showtime‘The Chi’ Renewed for Sixth Season at ShowtimeThe pickup comes a couple weeks before the show wraps its fifth installment.
Read more »

Cost of raising a child jumps to over $300,000Cost of raising a child jumps to over $300,000The cost of raising a child in the U.S. has climbed above $300,000, according to the Brookings Institution, and that's before they even head to college.
Read more »

Man accuses Amazon driver of stealing his puppyMan accuses Amazon driver of stealing his puppyA Michigan home security camera shows the driver pick up the puppy before driving away.
Read more »

Mississippi cops sued over alleged civil rights violations against Black residentsMississippi cops sued over alleged civil rights violations against Black residentsA month after the police chief of a Mississippi town was fired following leaked audio allegedly of him using racial slurs, a civil rights group is suing the department.
Read more »



Render Time: 2025-02-23 05:38:20