Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals. Source: Inman News
Posts published in “Maksym Mykhailyna”
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…
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. Source: Inman…
Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act. Rocket says it expects to prevail. Source:…