Mortgage

Rocket Mortgage Initiates Legal Battle Against HUD for Inclusion in Appraisal-Related Lawsuit

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Detroit, MI — Rocket Mortgage has initiated legal action against the U.S. Department of Housing and Urban Development (HUD), contesting its inclusion in a lawsuit related to allegations of discriminatory appraisal practices. This bold move underscores the tensions in the housing industry concerning fairness and discrimination in property valuations. The heart of the dispute arises from accusations that some appraisals, overseen by HUD, were conducted in a manner that allegedly undervalued homes based on the race of the homeowners. Rocket Mortgage asserts that its involvement in these appraisals is being misrepresented, pushing back vigorously against … Read more

Baltimore’s Former State’s Attorney Marilyn Mosby Awaits Verdict in Federal Mortgage Fraud Trial That Could Change Her Life

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Baltimore, Maryland – Former Baltimore City state’s attorney Marilyn Mosby awaits the outcome of her second federal trial, which could have significant implications for her future. Mosby gained prominence in 2015 when she became the youngest state’s attorney of a major city. Her profile rose even further when she led a controversial investigation in the case of Freddie Grey, resulting in charges against six Baltimore City police officers. Mosby now faces a federal mortgage fraud trial in Greenbelt, Maryland, after being accused of making false statements during real estate transactions in Florida. Mosby took the … Read more

Former Baltimore State’s Attorney’s Mortgage Fraud Trial Adjourned After Unusual Legal Argument Leads to Judge’s Decision

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GREENBELT, Maryland – The mortgage fraud trial of Marilyn Mosby, the former state’s attorney of Baltimore, was adjourned early by federal judge Lydia Kay Griggsby on Wednesday. The defense had just begun presenting evidence when the judge ordered the jurors to return the next day for the trial to resume. The reason for the abrupt adjournment was not provided, but it followed a private discussion between the judge and the attorneys during the lunch break. Mosby’s defense team had made an unusual argument, stating that the prosecution failed to prove the alleged crimes occurred in … Read more

Former Baltimore City State’s Attorney Marilyn Mosby Faces Federal Mortgage Trial for Allegedly Lying on Applications

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Greenbelt, Maryland – Former Baltimore City State’s Attorney Marilyn Mosby’s federal mortgage trial is set to begin on Tuesday with jury selection. Mosby is facing accusations of lying on mortgage applications for two vacation homes in Florida to obtain a lower interest rate. The trial will commence with opening statements on Thursday, January 18. This comes after Mosby was found guilty of perjury in a separate case last November. Earlier this month, a judge made some important decisions regarding the upcoming mortgage fraud trial. Mosby’s defense argued that the banks did not alter the loan … Read more