Responding to appraisal bias lawsuit, Rocket claims the government requires lenders to grant appraisers independence, then holds them liable if those appraisers engage in discrimination
Strategic investment by Canadian private equity firm Novacap provides fuel for growth
The service, UWM Appraisal Direct, will be optional and mortgage brokers will still have the option to choose from about 100 UWM-approved appraisal management companies
AppraisalWorks now provides quote management tools and automates electronic payments to appraisers — features that can cut costs, speed up turn times and improve transparency
6 federal agencies issued minimum requirement rule yesterday
Legislation will overhaul appraisal rules
Fannie Mae says appraisers must have local knowledge
HVCC could remain in force another year
States moving to regulate appraisal management companies