The results are in, and on Nov. 5, Americans officially rejected the high prices and spiraling costs that defined much of the Biden-Harris administration—including the least affordable housing market in U.S. history.
Rather than being chastened by the national shellacking he, his vice president, and his party received, President Joe Biden’s Justice Department is pursuing an audacious move that could throw the housing market into disarray and put homeownership even further out of reach for middle-class Americans.
In a high-profile lawsuit filed last month, the DOJ is seeking to crack down on a case of alleged home-appraisal bias in Colorado, but the lawsuit could set a worrisome new precedent for the relationship between mortgage lenders and appraisers. The consequences could be sweeping, and they may weigh most heavily on the black homeowners and aspiring homeowners…
