Rocket sues HUD, saying it isn’t accountable for appraiser’s actions by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire Rocket Mortgage, the third-largest U.S. mortgage lender, is suing the U.S. Department of Housing and Urban Development (HUD), alleging the agency is “unfairly” holding the company accountable for the actions of an independent appraiser in a 2021 case.  The lawsuit was filed Wednesday in U.S District Court in Colorado….

Continue reading →

Trigger leads stripped out of defense bill, won’t pass this year by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire A bill aimed at limiting the use of credit trigger leads was excluded from the Senate’s Fiscal Year 2025 National Defense Authorization Act (NDAA), the Broker Action Coalition informed its members on Wednesday. However, the group assured members that a backup strategy is already in place. “This bill, along…

Continue reading →