Feds accuse Rocket Homes of providing kickbacks to real estate ...
Dec 24, 2024 · Rocket sued the U.S. Department of Housing and Urban Development this month, claiming the company is barred by law from fixing a faulty appraisal.
CFPB Files Lawsuit to Stop Illegal Kickback Scheme to Steer …
Dec 23, 2024 · WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued Rocket Homes to stop them from providing incentives to real estate brokers and agents in exchange for steering homebuyers to Rocket Mortgage, LLC for loans. The CFPB also sued Jason Mitchell, his real estate brokerage firm, JMG Holding Partners LLC, which does business as The Jason Mitchell Group, and the ...
US accuses Rocket Homes of illegal kickbacks in mortgage scheme
Dec 23, 2024 · The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies , and The Jason Mitchell Group of real estate brokerages of an illegal kickback...
BBB: CFPB sues Rocket Homes to prevent alleged ‘kickback scheme’
Dec 30, 2024 · MONROE, La. (KNOE) - Rocket Homes, The Mitchell Group and Jason Mitchell are being sued by the Consumer Financial Protection Bureau (CFPB). This comes after a CFPB investigation found that The ...
CFPB Sues Rocket Homes, Jason Mitchell Group Over Alleged …
Dec 23, 2024 · Federal regulators filed a lawsuit Monday against Rocket Homes Real Estate and The Jason Mitchell Group (JMG), alleging an illegal referral scheme that steered homebuyers toward specific mortgage ...
CFPB Sues Rocket Homes, Real Estate Brokerage Over Kickback …
Dec 23, 2024 · The Consumer Financial Protection Bureau (CFPB) today said it has sued Rocket Homes, Jason Mitchell, and The Mitchell Group of real estate brokerages over alleged violations of the Real Estate Settlement Procedures Act (RESPA), to include illegal kickbacks and the steering of mortgage borrowers to Rocket Mortgage.
Rocket Homes sued by CFPB over alleged broker kickbacks
Dec 24, 2024 · The Consumer Financial Protection Bureau (CFPB) on Monday sued Rocket Homes Real Estate LLC — part of Detroit-based Rocket Companies Inc. (NYSE: RKT) — in federal court in Detroit.
Rocket Homes Kickback Scheme Boosted Loan Rates, CFPB Says (1)
Dec 23, 2024 · The Consumer Financial Protection Bureau accused Rocket Homes Real Estate LLC of an illegal scheme that resulted in higher mortgage rates for homebuyers.
U.S. Consumer Regulator Sues Rocket Homes For Illegal Kickback …
Dec 24, 2024 · The US Government watchdog alleged that Rocket Homes violated the Real Estate Settlement Procedures Act. With the lawsuit, Rocket Homes is required to stop providing incentives to real estate brokers and agents in exchange for steering homebuyers to Rocket Mortgage for loans.
Feds sue Arizona real estate brokerage and Rocket Homes, …
Dec 24, 2024 · The Consumer Financial Protection Bureau sued an Arizona-based real estate brokerage and the real estate agent referral service Rocket Homes, alleging that they agreed to withhold potentially...