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Rocket Mortgage Challenges Feds Over Appraisal Independence Rules

Rocket Mortgage Challenges Feds Over Appraisal Independence Rules

by Phil Hall | Dec 5, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Mortgage, a part of Rocket Companies (NYSE: RKT), announced that is suing the US Department of Housing and Urban Development (HUD) to correct what is claimed to be “conflicts between the government’s regulations requiring appraiser...
HUD, Appraisal Foundation Offer Different Spins on Conciliation Agreement

HUD, Appraisal Foundation Offer Different Spins on Conciliation Agreement

by Phil Hall | Jul 12, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) and The Appraisal Foundation reached a conciliation agreement yesterday that resolved a December 2021 investigation ordered by former HUD Secretary Marcia Fudge into allegations of discrimination into the...
Appraisal Institute Debuts Program to Expand Appraiser Base

Appraisal Institute Debuts Program to Expand Appraiser Base

by Phil Hall | Sep 13, 2023 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Appraisal Institute has launched its Practical Applications of Real Estate Appraisal (AI PAREA) program to expand the depth and scope of the appraiser profession. The Appraisal Foundation’s Board of Trustees awarded a $500,000 Pathway to Success Grant to the...

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