The CFPB accused Rocket Homes of pressuring real-estate brokers and agents not to share information with clients about products not offered by Rocket Mortgage, such as the availability of down ...

The Consumer Financial Protection Bureau (“CFPB”) filed a complaint against a manufactured home loan company (the “Company”) on January 6, 2025, alleging that it originates loans that ...

The same day, the CFPB filed another dubious lawsuit against Rocket Homes, claiming that the company’s referral incentive program was actually an illegal kickback scheme. Rocket pulled no ...

CFPB said a civil penalty was being sought that would be deposited in a victim’s relief fund. A statement from Rocket Homes said CFPB's allegations were false and distorted reality. Real estate ...

The financial watchdog agency was formed after the 2008 crisis. The Trump administration has told staffers not to take any ...

On January 6, 2025, the CFPB filed a lawsuit against a non-bank manufactured home financing company for violations of the Truth in Lending Act and Regulation Z. The lawsuit alleges that the ...

The CFPB said that Vanderbilt Mortgage & Finance often disregarded evidence that borrowers could not afford the loans. Vanderbilt is a subsidiary of Clayton Homes, the largest U.S. producer of ...

CFPB Director Rohit Chopra criticized Vanderbilt for knowingly trapping buyers in risky loans to finalize sales. Despite being the largest U.S. builder of manufactured homes, Clayton Homes has ...

“Vanderbilt knowingly traps people in risky loans in order to close the deal on selling a manufactured home,” CFPB Director Rohit Chopra said in a statement. “The CFPB’s lawsuit seeks to not only ...

MONROE, La. (KNOE) - Rocket Homes, The Mitchell Group and Jason Mitchell are being sued by the Consumer Financial Protection Bureau (CFPB). This comes after a CFPB investigation found that The ...