HUD alleges Rocket Matter and its appraiser violated the Fair Housing Act by comparing a Black loan applicant's home to those in a predominantly Black neighborhood when nearer homes were more similar to the applicant's.
Read MoreAppraising a home for a lower value because of the race, religion, national origin, or other protected status of the owners violates the Fair Housing Act.
Read MoreTo understand the difference between appraisals, BOVs, and CMAs, real estate owners should understand the difference between the professionals that issue them.
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