Dec 23 (Reuters) - The top U.S. watchdog agency for
consumer finance on Monday accused Rocket Homes, a unit of
Rocket Companies ( RKT ), and a group of real estate brokerages
of an illegal kickback scheme to steer mortgage applications to
Rocket Mortgage.
"Rocket engaged in a kickback scheme that discouraged
homebuyers from comparison shopping and getting the best deal,"
said CFPB Director Rohit Chopra. "At a time when homeownership
feels out of reach for so many, companies should not illegally
block competition in ways that drive up the cost of housing."