Rocket Mortgage sues HUD over alleged appraisal bias ‘tightrope’

As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading

Rocket Mortgage sues HUD over alleged appraisal bias ‘tightrope’

As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading

Rocket Mortgage sues HUD over alleged appraisal bias ‘tightrope’

As part of its defense in an appraisal bias lawsuit, Rocket claims the government is requiring lenders to grant appraisers independence, and then holding them liable if those appraisers engage in discrimination. Continue reading

Court grants final approval to NAR’s landmark settlement deal

Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon. Continue reading

Court grants final approval to NAR’s landmark settlement deal

Judge Stephen R. Bough approved antitrust deals reached with the National Association of Realtors and HomeServices of America Tuesday afternoon. Continue reading

The compliance violations that risk drawing an ‘enforcement trifecta’

Secret profits, deceitful acts or undisclosed compensation by Realtors could lead to action from multiple enforcement bodies, including NAR, MLSs and state regulators, Summer Goralik writes. Continue reading

Social issues, not industry chaos, will guide agents at the ballot box

Commission chaos has disrupted real estate’s status quo in unique ways in 2024, but social issues have been the reason for more political donations from agents, according to an analysis by Inman. Continue reading

Rocket Mortgage, Solidifi among defendants in appraisal bias suit

Prosecutors allege appraisal that erased $220,000 from Denver duplex’s value discriminated against Black owner and thwarted her attempt to refinance at lower rates. Continue reading

Fairway blasts federal regulators in $10M redlining settlement

Nation’s third biggest lender casts itself as a victim of politics, noting CFPB launched its investigation the day after Biden Administration took office. Continue reading

DOJ’s 14th redlining settlement is its first with a credit union

Citadel Federal Credit Union “respectfully disagrees” with allegations, agrees to invest $6.5 million and open three new branches in predominantly Black and Hispanic neighborhoods in Philadelphia. Continue reading