Lawsuit Accuses Rocket Mortgage Of Steering Borrowers To Higher-Cost Loans
The class-action claims Rocket Mortgage’s referral practices violated federal law and limited consumer choice
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Tagged: Steering
Lawsuit Alleges loanDepot Illegally Tied Loan Officer Pay to Borrower Costs
Complaint accuses lender of steering borrowers to pricier loans, falsifying records, and punishing employees who didn’t comply
Jul 20, 2025
Six Mortgage Brokerages Sued Over Alleged Kickback Scheme
Pennsylvania AG claims up to $1M swapped hands between agents and brokers
MBA Challenges RESPA Section 8 In New White Paper
Regulations prohibiting kickbacks and steering are 'outdated,' argues MBA CEO Bob Broeksmit
Oct 25, 2024
UWM Rebuts Claims From Borrower Class Action Lawsuit
UWM calls the "Hunterbrook-affiliated lawsuit" a "smear campaign" in its motion to dismiss
Jun 25, 2024
In Wake Of NAR Settlement, Dual Licensing Carries RESPA, Steering Risks
With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.
Apr 11, 2024
Recruiting Key—Your Unique Selling Proposition
A new year may be upon us but the housing industry's success of 2020 is still as impressive as ever.
Dec 28, 2020
The Broker’s Future: An Overview of the New Commission Landscape
As a result of the new legislation that takes effect on April 1, 2011, mortgage brokerage firms and their loan officers will be faced with the game-changing decision of how to receive compensation going forward.
Apr 07, 2011