Mortgage Appraisal Reconsideration of Value Training 
Housing Wire
MARCH 26, 2024
California-based loanDepot will pay an undisclosed amount and commit to improving its mortgage appraisal practices. The settlement requires loanDepot to implement enhancements to its mortgage appraisal policies and procedures within 120 days. But the company hasn’t admitted any fault.
Housing Wire
OCTOBER 21, 2024
loanDepot ultimately admitted no fault and the settlement contained an overhaul to its appraisal policies and procedures. The document states that loanDepot “should not utilize appraisers who have previously been found to have discriminated in an appraisal by a regulatory body of court of law.”
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