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Rocket Mortgage wins $10 million dismissal in 2012 lawsuit

Housing Wire

In June, HUD charged the lender, two appraisal companies and one appraiser with allegedly issuing a biased valuation and denying a refinance loan to a Black homeowner in Denver.The Department of Justice followed suit in October. In December, Rocket hit back with a lawsuit of its own against HUD for the action.

Mortgage 370
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The Illogical Reality of Mortgage Appraisal Reviews 

Appraiserblogs

Reforming the appraisal review process is essential to maintaining the integrity of the real estate market and protecting consumers and homeowners. In mortgage financing, the appraisal process is often seen as the foundation of accurate property valuation and market stability.

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How agents are winning bidding wars in America’s most competitive markets

Housing Wire

The old axioms of real estate do not change,” Cordano said. For our seller-clients, we were counseling them on how the buyers waive appraisals or waive mortgage contingencies,” Cordano said. To that tune, Cordano agreed with Harrison that it’s important to stick out in a bidding war.

Agents 501
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Don’t miss the Vanguard Forum at HW Annual Oct. 4

Housing Wire

As our market rapidly moves from a state of frenzy to a more normalized state, mortgage and real estate executives are tasked with developing the strategies, financial resources and partnerships that position their businesses for market share growth.

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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

But because inventory remains at record lows, home prices have soared to astonishing highs, and bidding wars still occur in housing market across the country, Pascoe and other real estate agents on the buy-side have had to go the extra mile to fight for their VA clients. We do a lot of seminars,” Armstrong explained. “I

Clients 418
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The Crucial Role of a Real Estate Appraiser

Appraisal Hub

In the dynamic world of real estate, the role of a real estate appraiser is paramount. Whether you’re buying, selling, or refinancing a property, a precise and professional appraisal is essential to ensure fair market value. Appraisal Hub Inc., Appraisal Hub Inc., At Appraisal Hub Inc.,

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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

The bill summary was: Relates to the registration of real estate appraisal management companies or an individual or business entity that provides appraisal management services to creditors or to secondary mortgage market participants including affiliates by the department of state. No, it isn't.

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