James W Wylie

In 2020, Fannie Mae and Freddie Mac purchased a respective $1.4 trillion and $1.1 trillion in loans, providing important liquidity to the U.S. housing market. Of the loans purchased, the vast majority went to white borrowers (65.6% for Fannie and 64.6% for Freddie), according to the National Housing Resource Center.... [Read More]

Examples of overt references to race, ethnicity, and other prohibited bases under federal fair lending laws in appraisals and other property descriptions persist, indicating the continued presence of valuation bias. Ongoing failure to address appraiser consideration of prohibited factors like race, as indicated by prohibited basis commentary within the free-text... [Read More]