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What would the Biden administration's new plan do to fight racial bias in home appraisals?
The plan offers a number of steps to improve oversight of the home appraisal industry, and train appraisers.
New rule could hurt home appraisal business
Some 40% of home sales may no longer require appraisals.
Proposed rule would mean fewer home appraisals
If approved, the regulation would raise the threshold for required appraisals to transactions above $400,000.