General World News

DOJ sues Rocket, appraisal companies over alleged discrimination

Another regulator has sued Rocket Mortgage for allegedly discriminating against a Black homeowner by undervaluing her home during an appraisal in Colorado three years ago. And the Detroit-based lender believes it’s a “massive overreach.” 

On Monday, the U.S. Department of Justice—following a move made by the U.S. Department of Housing and Urban Development (HUD) in July—filed a lawsuit against the lender, appraiser Maksym Mykhailyna and his company, Maverick Appraisal Group, and the appraisal management company Solidifi U.S. Inc..

The document states that the plaintiffs undervalued a details ⇒

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