...Charges Tai Mo Shan With Misleading Terra USD Investors, Rocket Companies...

Published on 28 Dec 2024 on Benzinga

...Charges Tai Mo Shan With Misleading Terra USD Investors, Rocket Companies...

The Consumer Financial Protection Bureau sued Rocket Homes, a division of Rocket Companies, Inc. RKT, on Monday in what it said is an action stop the company from providing incentives to real estate brokers and agents to steer homebuyers to Rocket Mortgage, LLC for loans.

The CFPB alleged that Rocket Homes pressured real estate brokers and agents not to share information with clients concerning products which were not offered by Rocket Mortgage, including the availability of down payment assistance programs.

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