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Rocket Mortgage Sues HUD, Moves To Dismiss DOJ Lawsuit

By KIMBERLEY HAAS Conflicts between regulations requiring appraiser independence and recent enforcement actions are the basis of a lawsuit filed in federal district court. Lawyers for Rocket Mortgage are asking for declaratory and injunctive relief after officials at the U.S. Department of Housing and Urban Development charged the company with housing discrimination. HUD claims a…

DOJ Says PA Fire Safety Rule Reduces Affordable Housing For The Disabled

DOJ Says PA Fire Safety Rule Reduces Affordable Housing For The Disabled

The Justice Department has filed a lawsuit against Pennsylvania to challenge discriminatory code requirements that make communal living for people with intellectual disabilities and autism difficult. The lawsuit addresses the Commonwealth of Pennsylvania, Pennsylvania Department of Labor and Industry, and Pennsylvania Department of Human Services. Under the state’s Uniform Construction Code, every “community home” for…

Rocket Hit With DOJ Lawsuit Over Appraisal Discrimination

Rocket Hit With DOJ Lawsuit Over Appraisal Discrimination

Rocket Mortgage is once again facing a discrimination lawsuit dealing with the wrongful appraisal of a Black woman’s home three years ago, this time from the Justice Department. The DOJ has filed a lawsuit alleging that Rocket – along with Solidifi U.S., Maverick Appraisal Group, and specifically Maksym Mykhailyna – discriminated against a Black homeowner…

DOJ Alleges RealPage Fixed Rent Prices
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DOJ Alleges RealPage Fixed Rent Prices

The Justice Department is suing property management software company RealPage, claiming it schemed to monopolize the apartment market and fix prices. The Attorneys Generals of North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington joined the DOJ in the suit. The DOJ says the company used its commercial revenue management software, which landlords use…

Texas Lender Colony Ridge Sued By CFPB, DOJ

Texas Lender Colony Ridge Sued By CFPB, DOJ

The Consumer Financial Protection Bureau and the U.S. Department of Justice are suing developer and lender Colony Ridge, alleging it targeted Hispanic borrowers with “bait-and-switch” land sales and predatory loans. The lawsuit claims Colony Ridge gave borrowers inaccurate information about homesites and coerced them into loans they could not afford, according to the CFPB’s press…

DOJ, FTC Investigate Real Estate Commission Policies
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DOJ, FTC Investigate Real Estate Commission Policies

Home sale commissions are under investigation by the Biden administration, which has asked the Federal Trade Commission to adopt rules to address any unfair practices it sees in the real estate industry, the Wall Street Journal reports. The Justice Department is investigating commissions after several civil lawsuits challenging industry rules passed muster in procedural challenges….

Former Oklahoma Mortgage Co. President Indicted

Former Oklahoma Mortgage Co. President Indicted

Ronald J. McCord, the former president of First Mortgage Company of Oklahoma City, was indicted by a federal grand jury for bank fraud and money laundering as part of a scheme to defraud banks and pay for lavish homes for himself and his family, prosecutors announced. McCord, 69, of Oklahoma City, allegedly defrauded two Oklahoma…

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