3204 - Lawsuit sheds light on racial bias in appraisals for Black and Latino homeowners : NPR
When Paul Austin and Tenisha Tate-Austin sued their real estate appraiser, her company, and the company that hired her for allegedly under-valuing their home based on their race, they were after more than just financial restitution. The African American couple, who own a home in Marin City, Calif., wanted the individuals and the companies involved in shortchanging them to change how they would appraise Black and Latino-owned properties moving forward. They think they're on their way to doing that.