CFPB Files Lawsuit to Stop Illegal Kickback Scheme to Steer …
3 days ago · The CFPB’s lawsuit against Rocket Homes, The Mitchell Group, and Jason Mitchell seeks a stop to alleged unlawful conduct, redress for harmed borrowers, and the imposition of a civil money penalty, which would be paid into the CFPB’s victims relief fund. Read today’s complaint against Rocket Homes, The Mitchell Group, and Jason Mitchell.
Rocket Homes gave kickbacks to realtors for homeowner loans, CFPB …
2 days ago · For example, the CFPB said The Jason Mitchell Group gave $250 gift cards to agents that made the most referrals to its favored partners: Rocket Mortgage and Amrock, a Rocket Homes-affiliate that ...
CFPB Sues Rocket Homes Over Alleged Kickback Scheme - MSN
Rocket Homes called the CFPB’s allegations false and a distortion of reality. “The accusation that homebuyers paid more when working with Rocket Homes is a lie,” the company said.
U.S. Consumer Regulator Sues Rocket Homes For Illegal Kickback …
2 days ago · (RTTNews) - The U.S. Consumer Financial Protection Bureau or CFPB has filed a lawsuit against Rocket Homes Real Estate, LLC, affiliated to Rocket Companies, Inc., as well as the Jason Mitchell ...
Rocket Homes sued by CFPB over alleged illegal kickbacks
3 days ago · The CFPB is suing Rocket Homes, The Mitchell Group, and Jason Mitchell to stop the kickback scheme, provide consumer redress, and obtain a civil penalty which will be deposited into the CFPB’s ...
Federal watchdog accuses Rocket Companies' subsidiary of …
3 days ago · The CFPB contends that this ability to give future referrals from the Rocket Homes network is a "thing of value" under the 1974 consumer law, whose definition of such things includes the ...
Feds sue Arizona real estate brokerage and Rocket Homes, …
2 days ago · CFPB said a civil penalty was being sought that would be deposited in a victim’s relief fund. A statement from Rocket Homes said CFPB's allegations were false and distorted reality.
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 ...
Rocket Homes Real Estate LLC, dba Rocket Homes; JMG Holding …
3 days ago · Rocket Homes, headquartered in Detroit, Michigan, is a state-licensed real estate brokerage that operates a large referral network, matching consumers interested in buying a home with a real estate brokerage working in the local area of the consumer’s home-buying search. Rocket Mortgage, LLC, is a mortgage lender. Amrock LLC is a title ...
Rocket Homes Kickback Scheme Boosted Loan Rates, CFPB Says (1)
3 days ago · Rocket Homes Real Estate LLC used its connection to Rocket Mortgage, the country’s largest mortgage lender, to ensure that it was the exclusive mortgage option for many homebuyers, even if it offered worse rates, the CFPB said in a complaint filed Monday in the US District Court for the Eastern District of Michigan.
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