Vice President Kamala Harris announcing a new rule and this
is all aimed at addressing racial bias in home valuations.
The White House says that this move is part of
an initiative to increase transparency in the home valuation process.
The vice president highlighted the under
presentation of people of color in the field saying that
only about 5% of home appraisers are from minority communities.
Now to address the disparity.
The administration plans to provide
training opportunities for under represented
groups aiming to increase diversity all within the industry.