CFPB Sues Rocket Homes and Arizona Brokerage Over Alleged Kickback Scheme

The lawsuit accuses Rocket Homes and The Jason Mitchell Group of steering homebuyers to Rocket Mortgage through illegal incentives, raising costs for consumers.

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Rocket Homes and The Jason Mitchell Group, alleging violations of the Real Estate Settlement Procedures Act.
The CFPB claims the companies engaged in a kickback scheme that pressured agents to direct homebuyers to Rocket Mortgage, discouraging comparison shopping for better loan options.
Rocket Homes allegedly prioritized referrals to agents who steered clients to its affiliates and penalized those who did not comply, according to the lawsuit.
The Jason Mitchell Group reportedly incentivized agents with $250 gift cards for referrals and created fear among clients about losing their homes if they chose other lenders.
Rocket Companies denies the allegations, calling them false and politically motivated, while the CFPB seeks penalties and restitution for affected borrowers.