December 12, 2024By Shannon ClarkRocket Sues HUD After DOJ Accuses Lender of Appraisal BiasThe lender contended that recent HUD guidance on appraisal reviews is contradictory to government mandates of appraiser independence.
November 7, 2024By Shannon ClarkTownstone Settlement Leaves Redlining Issues UnsettledThe CFPB’s settlement with Townstone included a relatively small fine for the lender and dropped allegations against the CEO.
November 7, 2024By Paul MuoloCenlar’s Fate Remains Murky; Sale UnlikelyThe Cenlar regulatory saga continues. There are rumblings of a potential sale though no known offering book.