Remove 2030 Remove Appraisal Remove Legal Fees
article thumbnail

The opportunity cost of modern-day redlining

Housing Wire

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Recently, the Department of Justice (DOJ) has taken a strong stance on redlining, taking direct legal action against bad actors and thrusting the topic into the national spotlight. From 2020 to 2030, the Urban Institute projects 8.5