The Consumer Financial Protection Bureau (“CFPB”) filed an action on December 23, 2024, against Rocket Home Real Estate LLC (“Rocket Homes”), a ...
a unit of Rocket Companies, and The Jason Mitchell Group real estate brokerages of an illegal kickback scheme to steer mortgage applications back to Rocket. According to the Consumer Financial ...
Those companies and their proprietor were “enthusiastic partners” in the “kickback scheme," the ... Department of Justice in October named Rocket Mortgage and several subcontractors in ...
Rocket Mortgage is one of the top mortgage lenders in the country. In a press release issued today announcing the lawsuit, CFPB Director Rohit Chopra stated that "Rocket engaged in a kickback scheme ...
alleging the real-estate company provides incentives to brokers and agents to steer home buyers to its parent company’s mortgage-lending wing, Rocket Mortgage. The agency on Monday also sued ...
a unit of Rocket Companies, and The Jason Mitchell Group of real estate brokerages of an illegal kickback scheme to steer mortgage applications back to Rocket. According to the Consumer Financial ...
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit Monday accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies, Rocket Mortgage and Amrock.
including Rocket Mortgage and Amrock, the CFPB said. “Rocket engaged in a kickback scheme that discouraged home buyers from comparison shopping and getting the best deal,” CFPB Director Rohit ...
The Mitchell Group was an "enthusiastic partner" in the kickback scheme and allegedly ... especially if it could potentially sway them to another mortgage lender, the regulator said. Specifically, the ...