CNN: Exclusive: JPMorgan is calling for reforms to stop racial bias in housing

By Matt Egan, CNN Business

Updated 3:39 PM ET, Wed June 16, 2021

New York (CNN Business)JPMorgan Chase is throwing its considerable weight behind efforts to root out racial bias in the appraisal of homes in America.

As part of a new bank-wide commitment to fight housing inequality, JPMorgan (JPM) is for the first time outlining specific legislation that can fight appraisal bias, backing the study of innovative ways to value homes and promoting efforts to boost sorely needed diversity in the appraisal industry.

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