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Biden unveils 5 steps to reduce racial bias in appraisals


“The initiatives announced today are critical to eliminating racial bias, improving appraisal accuracy, and opening access to more affordable, sustainable homeownership opportunities for minority borrowers,” said David Dworkin, president and CEO of the National Housing Conference, in a statement. “Accurate and fair appraisals are the foundation of sound mortgage underwriting and sustainable mortgages that equitably serve all Americans.”

Biden Administration to Probe Racial Bias in Home Appraisals


David Dworkin, president and CEO of the National Housing Conference, said the initiatives are critical to eliminating racial bias, improving appraisal accuracy and opening access to more affordable, sustainable homeownership opportunities for minority borrowers. “Accurate and fair appraisals are the foundation of sound mortgage underwriting and sustainable mortgages that equitably serve all Americans,” he said.

Mortgage Vet to Chair NAHREP Board


Cerita Battles, a managing director with JPMorgan Chase, has been named chair of the National Association of Hispanic Real Estate Professionals’ corporate board of governors. She has been active in the mortgage industry for 25 years.
She is affiliated with several corporate boards within the mortgage industry, including the Mortgage Bankers Association’s Affordable Housing and Diversity & Inclusion councils; National Housing Conference’s Black Collaborative; Freddie Mac’s Advisory Housing Council; National Association of Real Estate Brokers; the Asian Real Estate of America’s Housing Advisory Board, and the Ability Housing Board.

Shared Equity Programs Topic of NHC Webinar


Are shared equity home ownership programs really the answer to bridging the U.S. wealth gap and homeownership accessible to more Americans? According to the panelists who presented during a National Housing Conference‘s webinar this week, the question isn’t whether shared equity programs work. The question is how do we preserve and create more of these programs.

Lack of Affordable Housing Creates Growing Gap Between Communities and Healthcare?


Affordable housing has been an issue across the United States for many years. However, COVID-19 has in recentlly shed a light on the impact of increased costs on a community’s overall health. The National Housing Conference and NeighborWorks America recently joined forces to share how the impact of housing on a community and how collaboration can help bridge the gap between the two.

With strategic plan, FHFA charts new course


David Dworkin, CEO of the National Housing Conference, which represents a broad swath of mortgage industry and affordable housing stakeholders, hopes the FHFA will be less conservative in its interpretation of the GSEs’ charter. Dworkin said the GSEs must “not be in the risk avoidance business, but in the risk management business. Not taking any risk has its own set of consequences, which we are seeing now.”

When Private Equity Becomes Your Landlord


Freddie and Fannie should also make sure the profit expectations underlying their loans aren’t such a stretch that owners must hike rents sharply to meet them, said David Dworkin, president and CEO of the National Housing Conference, a nonprofit promoting safe and affordable housing. Dworkin said the agencies shouldn’t make mortgage loans to an apartment project “that clearly requires raising rents for it to be viable,” he said.

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