CFPB Sues Rocket Homes Over Alleged Kickback Scheme
The Consumer Financial Protection Bureau has filed suit against Rocket Homes, alleging the real-estate company provides incentives to brokers and agents to steer home buyers to its parent company’s mortgage-lending wing,
Rocket Homes sued by federal watchdog alleging kickbacks for broker referrals
A federal consumer watchdog agency alleges that an affiliate of Rocket Mortgage acted illegally by providing kickbacks for referral business.
CFPB Sues Rocket Homes, Real Estate Brokerage Over Kickback Scheme
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),
CFPB sues Rocket, The Jason Mitchell Group over RESPA violations
CFPB filed a lawsuit Monday accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies.
Brokerage CEO denies kickback scheme with Rocket
Jason Mitchell, the CEO of The Mitchell Group, called the CFPB's lawsuit against both his company and Rocket Homes "a witch hunt."
Rocket Homes gave kickbacks to realtors for homeowner loans, CFPB alleges
Lender Rocket Homes gave kickbacks to real estate brokers and agents to get homebuyers to sign up for its loans, the Consumer Financial Protection Bureau a
Rocket Companies stock drops after CFPB sues Rocket Homes
The CFPB also said it sued Jason Mitchell, his real estate brokerage firm, JMG Holding Partners LLC, which does business as The Jason Mitchell Group, and the individual real estate brokerage companies in the 41 states and the District of Columbia where it does business, for their role in the scheme.
Feds sue Arizona real estate brokerage and Rocket Homes, alleging kickback scheme
The suit alleges The Jason Mitchell Group, headquartered in Scottsdale, encouraged its agents to steer homebuyers toward Rocket Mortgage products.
US accuses Rocket Homes of illegal kickbacks in mortgage scheme
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 scheme to steer mortgage applications back to Rocket.
CFPB sues Rocket Homes, brokerage over kickback scheme
The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for Rocket Mortgage.
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CFPB Initiates Legal Action to Halt Unlawful Kickback Scheme Aimed at Directing Borrowers to Rocket Mortgage
CFPB sues Rocket Homes and The Mitchell Group for unlawfully steering homebuyers to Rocket Mortgage, seeking consumer ...
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Consumer Financial Protection Bureau (CFPB) Files Lawsuit to Stop Illegal Kickback Scheme to Steer Borrowers to Rocket Mortgage
The CFPB’s lawsuit against Rocket Homes, The Mitchell Group, and Jason Mitchell seeks a stop to alleged unlawful conduct, ...