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McKissock dumps PAREA

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is there a link to the video?
 
Tiffany Gibbons said:
They said it would be on YouTube later, OCC appraiser bias hearing. I missed the first hour of it but had to register for the Zoom meeting. Rohit Chopra brought up Michelle Bradley and her husband's company profiting from PAREA as a potential conflict of interest. He pointed out their "conduct" in excluding government staff from the meetings and said they have a history of "sidestepping" regulations and oversight. Bunton was "not sure". Chopra pointed out that Bunton kept saying "we" when speaking of TAF, but kept demurring that he was not a voting member but "could express his opinion" on his potential replacement to TAF. Wonder who he'll choose as his successor?
Click to expand...

What company do Michelle and Dan own that would be a conflict?
 
TC said:
What company do Michelle and Dan own that would be a conflict?
Click to expand...
Well not a conflict anymore, since Mckissock dumped PAREA, but he was CEO of their online curriculum and they both teach online at Mckissock, I don't think they own the company. It just wasn't a good look, not that they personally did anything wrong. Chopra brought up the "Sponsors" Now called "Partners" with Buntyn said it could be construed as "pay to play and be on the BOT and he said she would recuse herself on certain votes in the future.
 

HUD Issues 2023 Update to Housing Equity Action Plan​


By Richard J. Andreano, Jr. on February 16, 2024
Posted in Appraisals, Fair Lending, HUD, Mortgages

The U.S. Department of Housing and Urban Development (HUD) recently issued a press release announcing a 2023 update to its Equity Action Plan. The Equity Action Plan is part of HUD’s efforts to implement President Biden’s Executive Order on “Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.”
The Action Plan first sets forth various efforts undertaken and planned by HUD to address housing equity, and then identifies five strategies to advance the goal of housing equity in fiscal year 2024 (the federal government’s fiscal year is October 1 to September 30). While the Action Plan mostly focuses on housing-related matters, it also reflects the continued focus of the federal government on appraisal bias in residential mortgage lending, and the continued approach of the federal government to intertwine Limited English Proficiency (LEP) with fair lending and fair housing concepts.
Appraisal Bias
In addressing efforts already undertaken by HUD the Action Plan provides:
“The Office of Single Family Housing is working to empower consumers to take action against appraisal bias by creating a process to allow prospective borrowers applying for FHA-insured loans to request a Reconsideration of Value (ROV) on a property if the initial valuation is lower because of suspected illegal discrimination; increased transparency and leveraged federal data to inform policy and improve enforcement against appraisal bias and discrimination by providing the public with access to the data and trends found in appraisal reports.”
We previously reported on efforts by HUD and by the CFPB, along with other federal agencies, to develop ROV guidance.
Additionally, the Action Plan provides that:
“HUD has also partnered with the National Association of Real Estate Brokers (NAREB), an organization that aims to utilize economic, political, legal, and social leverage to remediate disparate and discriminatory housing and property ownership policies and practices prevailing in the United States, to tackle appraisal bias and discrimination in the housing market that will focus on increasing education, outreach, and efforts to combat racial appraisal bias in home property valuation.”

https://www.consumerfinancemonitor....es-2023-update-to-housing-equity-action-plan/

realtors are scum bags... :oops: more paranoid personal smears:rof::rof::rof:
 
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