Mary Cummins, Real Estate Appraiser, Animal Advocates, Los Angeles, California

Mary Cummins, Real Estate Appraiser, Animal Advocates, Los Angeles, California
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Friday, February 7, 2025

Scott Turner Confirmed as Secretary of HUD, Conversation on False Narrative of Appraisal Bias, by Mary Cummins

appraisal bias, mary cummins, real estate appraisal, real estate appraiser, steve womack, scott turner, hud, confirmation hearing, 
Scott Turner was confirmed as the Secretary of HUD yesterday. During his confirmation hearing Senator Steve Womack promoted the false narrative of the racist appraiser lowballing Blacks. Senator Steve Womack stated "So one of the overlooked drivers of racial wealth and equity within our housing system is the very well-documented pattern of lenders and the appraisal market persistently assessing the value of black and brown homes lower than white homeowners. If confirmed, will you commit to continue to use HUD's tools and authorities to crack down on appraisal bias, including by continuing to provide consumers with data to push back on suspected bias?" Scott Turner said he would look into it. 

I took the opportunity to email Scott Turner at HUD the following. I encourage everyone to try to meet, speak with Turner in hopes he will see and believe the independent data and research on this subject. I sent the following email.

Email to Scott Turner:

"I watched your confirmation hearing. Senator Warnock mentioned the false narrative of "appraisal bias." He stated "So one of the overlooked drivers of racial wealth and equity within our housing system is the very well-documented pattern of lenders and the appraisal market persistently assessing the value of black and brown homes lower than white homeowners." 

This is totally false and has been proven with independent research by AEI and others. People who make more money have more money and buy more expensive homes in more expensive areas. Whites make more than Blacks, Latinos. That explains the difference in value of white and Black, Latino owned homes. No one is low balling Blacks and Latinos. It's the income gap.

Joe Biden used this false narrative for political purposes to try to court the Black, Latino vote. He knew this was false. So did Marcia Fudge the ex secretary of HUD. Income inequality is not under the jurisdiction of HUD. It would be under the Department of Labor. This is why Donald Trump got rid of the PAVE Task Force. PAVE promoted the false narrative which has harmed appraisers and the industry.

I'm asking you and HUD to not continue to promote the false narrative of the "racist appraiser" lowballing home values of certain groups. It's discriminatory and racist. I hope the government can work on the income and wealth gap instead with programs that help people make more money so they can buy a home. 

References

AEI How Common is Appraiser Racial Bias? It's not.
https://www.aei.org/how-common-is-appraiser-racial-bias/

AEI A Critique of the Brookings Institute Andre Perry The Devaluation of Assets in Black Neighborhoods. AEI proves Andre Perry's paper deeply flawed and incorrect.https://www.aei.org/wp-content/uploads/2021/08/Impact-of-Race-and-Socio-Economic-Status-on-the-Value-of-Homes-by-Neighborhood-Presentation-8.5.21-FINAL-v4.pdf?x91208

From the confirmation hearing of HUD Secretary Scott Turner:

Senator Warnock (02:22:25):

So one of the overlooked drivers of racial wealth and equity within our housing system is the very well-documented pattern of lenders and the appraisal market persistently assessing the value of black and brown homes lower than white homeowners. You and I discussed this a little bit the other day in my office, and my staff sent you some background information and data on appraisal bias. This is real money hurting real people. In part of my urging, the Biden administration took steps to crack down on appraisal bias with HUD leading an interagency effort. If confirmed, will you commit to continue to use HUD's tools and authorities to crack down on appraisal bias, including by continuing to provide consumers with data to push back on suspected bias?

Mr. Turner (02:23:15):

Thank you, Senator. Thank you for the information that you sent. I have begun to read and I look forward to exploring that more with you. And as I said before, I do commit to upholding the law as it is on the book, against all illegal discrimination.

Senator Warnock (02:23:29):

Including appraisal bias.

Mr. Turner (02:23:31):

We will continue to look into that and I look forward to working with you on that and become more well-studied. Thank you.

https://www.rev.com/transcripts/scott-turner-confirmation-hearing

Mary Cummins of Cummins Real Estate is a certified residential licensed appraiser in Los Angeles, California. Mary Cummins is licensed by the California Bureau of Real Estate appraisers and has over 35 years of experience.


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