Real estatefromwww.housingwire.com3 hours agoJudge allows appraisal bias lawsuit against Rocket to proceedRocket Mortgage and appraisal firm Solidifi face DOJ allegations of racially undervaluing a Black homeowner's Denver property and retaliating by canceling her refinance.
Real estatefromSFGATE1 month agoMortgage Lenders' Approach to Appraisal Reviews: What To Know NowAppraisals are critical in determining property values, with frequent errors impacting homeowners, especially in marginalized communities.
Real estatefromwww.housingwire.com2 months agoSen. Warnock introduces appraisal bias legislation to replace PAVEA bill requires the FHFA to create an online database for home valuations and allows homebuyers to contest biased appraisals.
Roam Researchfromwww.housingwire.com4 months agoReverse mortgage LOs share appraisal challengesAppraisal issues, particularly a second appraisal requirement, significantly impede the closing process for reverse mortgages.