National mortgage lender Rocket Mortgage, a part of Rocket Companies, filed suit in Federal District Court Dec. 5 against the U.S. Department of Housing and Urban Development (HUD) to correct conflicts between the government’s regulations requiring appraiser independence and its enforcement actions seeking to hold lenders liable for the conduct of independent licensed appraisers. Rocket Mortgage also filed a motion to dismiss the claim the DOJ brought against the company based on the same regulatory conflicts and misapplication of applicable law.
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I hope they don’t take the easy path and settle like every other company out there when it comes to lawsuits. Everybody seems to take the path of least resistance, because it is always cheaper. And ever so slowly, the DOJ is removing our rights one by one. I hope they take it to them, and I hope this DOJ is held accountable for all of their overreach, not just in the real estate sector, but for everything they have done over the past four years!
agree!! January 20, 2025!
I totally agree. The past four years has been a war on real estate agents thanks to the current administration.