Will Rocket get relief from tainted appraisal lawsuit?

The Supreme Court weighed in on class action lawsuit filed 10 years ago against Quicken Loans, now Rocket Mortgage, regarding its appraisal practices during the financial crisis, in favor of the mortgage lender this week. 

January 14, 2022 Was this email forwarded to you? Sign up for HousingWire's Daily Update here. Supreme Court orders review of recession-era class action against Rocket Mortgage The Supreme Court weighed in on a class action lawsuit filed 10 years ago against Quicken Loans, now Rocket Mortgage, regarding its appraisal practices during the financial crisis, in favor of the mortgage lender this week.  Freedom Mortgage dominates the MSR market Mortgage, HW+ Exclusive Content The latest offerings come on the heels of an active 2021, which new data shows was dominated by one lender: Freedom Mortgage. Experience Groundbreaking Automated Verification of HOI Best in class workflow automation provider, DataVerify, is now offering automated verification of Homeowners Insurance through a direct connection with Nexsys Clear HOIsm. This breakthrough product can significantly modernize and simplify the mortgage experience for lenders and borrowers alike.   Learn More! Sponsored by DataVerify Real estate M&A, shakeups and commission drama Podcasts, Real Estate RealTrends editorial director Tracey Velt joins us to discuss the biggest real estate headlines over the last week. Listen Now! What role does the servicer play in creating clients for life? Presented by Sagent Lending Technologies Learn how the automation of the origination process can help servicers create a seamless experience that will help to retain customers for life. What origination goals did you set for 2022? Hey loan officers! How do you plan to grow your business this year? Loan Officer Hub gathers the best industry insights, tips and strategies on marketing, referrals, and working with consumers – all tailored just for you. Explore now! Sponsored by MGIC Nearly one-fifth of Black applicants are denied a mortgage Real Estate, Agent, Appraisals & Valuations, Black Homeownership, Mortgage, Research The gap in mortgage denial rates between Blacks and whites has increased 10 percentage points since 2019, according to Zillow. Understanding Realogy's stance on commissions Agent, Real Estate, Brokerage, HW+ Exclusive Content Recent comments by Coldwell Banker CEO Ryan Gorman on buyer agent commissions raise more questions than answers. Save time and money on your originations in 2022 Mortgage market fluctuations happen, but an expert originations partner can help pave the path forward. Computershare Loan Services takes on the overhead burden with end-to-end and component fulfillment options so you can focus on building business. Partner with us! Sponsored by Computershare Guaranteed Rate closes Stearns wholesale channel Mortgage Chicago-based Guaranteed Rate will discontinue its third-party wholesale channel, Stearns Wholesale Lending, just one year after it acquired the multichannel lender. What are the drivers of housing demand in 2022? Politics & Money, Real Estate, HW+ Exclusive Content In the 2022 housing market, there will soon be a wave of potential buyers aging into the first-time buyer age group. However, these young buyers are not without headwinds. Accelerate your Secondary Knowledge with MCT's Learning Center The MCT Learning Center delivers customized content based on your position in the mortgage growth cycle. Read articles, watch webinars, and learn from case studies that will help you get to the next stage of growth. Learn More! Sponsored by MCT HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences

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