DOJ Sues Rocket Mortgage for Alleged Racial Discrimination in Appraisal

The lawsuit claims Rocket Mortgage undervalued a Black homeowner's property and canceled her refinance application after she reported discrimination.

The U.S. Department of Justice has filed a lawsuit against Rocket Mortgage, alleging racial discrimination in the appraisal of a Black homeowner's property.
The homeowner's property, located in a predominantly white Denver neighborhood, was appraised significantly lower than a previous appraisal, despite market improvements.
Rocket Mortgage is accused of canceling the homeowner's refinance application after she raised concerns about racial bias in the appraisal process.
The DOJ's lawsuit also names Solidifi US and Maverick Appraisal Group, alleging they contributed to the undervaluation based on race.
Rocket Mortgage has denied the allegations, calling the lawsuit a 'massive overreach' and asserting compliance with federal appraisal laws.