CFPB Files Lawsuit to Stop Illegal Kickback Scheme to Steer …
4 days ago · 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
3 days ago · A banner celebrating Rocket Companies Inc., the parent company of U.S. mortgage lender Quicken Loans, IPO is seen on the front facade of the New York Stock Exchange (NYSE) in New York City, U.S ...
Rocket Homes accused of illegal kickback scheme by government …
3 days ago · The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies, and The Jason Mitchell Group real estate brokerages of an illegal kickback scheme to ...
Federal watchdog accuses Rocket Companies' subsidiary of …
3 days ago · Rocket Mortgage, Rocket Homes, and title company Amrock are firms under the corporate umbrella of Dan Gilbert's Rocket Companies. The lawsuit accuses Rocket Homes of violating the Real Estate ...
Feds accuse Rocket Homes of providing kickbacks to real estate ...
2 days ago · Industry News. December 24, 2024. ... In addition to Rocket Mortgage, the government said brokers were pushed to direct customers to work with Amrock, another Rocket Companies affiliate that provides title, escrow and settlement services to homebuyers. The Jason Mitchell Group offered awards of $250 gift cards to agents who steered the most ...
Federal bureau sues Arizona real estate agent alleging scheme
2 days ago · The suit alleges The Jason Mitchell Group, headquartered in Scottsdale, encouraged its agents to steer homebuyers toward Rocket Mortgage products.
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Rocket’s counterpunch: Calling Out HUD and the DOJ
3 days ago · Rocket Mortgage’s legal response highlights the clash between compliance, accountability, and regulatory overreach December 23, 2024, 11:31 am By Chuck Meyer
Rocket Mortgage Sues HUD Over Its Inclusion in Appraisal Lawsuit
Dec 6, 2024 · Rocket Mortgage, the nation’s largest lender, has sued the U.S. Department of Housing and Urban Development, saying its reputation was sullied by a Justice Department lawsuit over appraisal bias ...
CFPB sues Rocket, The Jason Mitchell Group over RESPA violations
3 days ago · This meant that, of the Rocket Homes consumers who were referred to a real estate brokerage and ended up buying a home, Rocket Homes wanted at least 80% of those consumers to get their mortgage ...