Rocket RESPA lawsuit is unique but faces early legal hurdles, attorneys say

The class-action lawsuit filed this week against Rocket Companies and its subsidiaries has drawn heightened attention from the mortgage industry as a wave of mergers and acquisitions accelerates the push toward vertically integrated business models.

Kickback accusations nothing more than government abuse and overreach, Pennsylvania mortgage brokerage says

More state attorneys general are getting in on the Real Estate Settlement Procedures Act (RESPA) action. In mid-January, Pennsylvania’s former attorney general Michelle Henry filed a kickback lawsuit against Barry Newhart and six mortgage entities he controls: Bright Financial Group, Conquest Mortgage, Flagship Home Loans, Legacy Mortgage Partners, Nittany Home Loans, MCT Financial, Conquest Holdings […]