Story by Lesley Collins in HousingWire
As recent reports continue to shed light on the state of race-based appraisal bias among certain appraisers, industry leaders and policymakers are on the hunt for solutions to a problem that has plagued the industry. This is why HousingWire invited Kenon Chen, executive vice president, corporate strategy at Clear Capital, to HW Annual. At the conference, he will discuss appraisal bias and how appraisal modernization can help reduce potential bias while providing a better experience for borrowers and lenders.
Chen has spent the bulk of his career — nearly 18 years — at Clear Capital, which delivers advanced real estate valuation and data to its users. Chen is a member of the company’s executive leadership team, leading the product management team and product strategy while designing process efficiency for business operations. Chen is also responsible for product management, data science and analytics, business intelligence, data integration and vendor management.
Chen will be hosting a session at HW Annual titled, “Reducing bias is the new gold standard for appraisals,” where he’ll explain how technology can play an important role in the appraisal process.