IllustrativeClass action lawsuit accuses Rocket of ‘illegal steering’ scheme
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A class action lawsuit has been filed against Rocket Mortgage and affiliated companies, alleging illegal practices related to mortgage lending. The lawsuit claims that the company engaged in a scheme to steer borrowers towards higher-cost loans and services, potentially inflating the cost of homebuying. The specifics of the allegations vary, with some outlets reporting accusations of kickback schemes and others focusing on the steering of borrowers to in-house mortgage and title services.
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