Rocket Companies’ Bill Emerson on HUD lawsuit: ‘We want the correct party responsible, not us’
Housing Wire
DECEMBER 20, 2024
Department of Housing and Urban Development (HUD) and the principle of appraisal independence for lenders. Per the Dodd Frank Act , back in 2010, appraisal independence is the rule, so a lender cannot get involved in the determination of value as it relates to an appraisal.
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