Michigan Judge Has Rules Rocket Mortgage Noncompete Agreements Are Unenforceable And Violate Michigan Law A Michigan judge ruled on Friday that Rocket Mortgage noncompete agreements are void and unenforceable. Thus, dealing a blow to the lender in its long-running legal battle with Swift Home Loans. Wayne County Judge Brian R. Sullivan issued the ruling. Judge
Rocket Mortgage Noncompete Agreements Are Unenforceable Read Post »
The Federal Housing Finance Agency AKA FHFA Approves Rocket Mortgage’s $9.4 billion acquisition of Mr. Cooper Group FHFA approves the first hurdle for Rocket Mortgage’s $9.4 billion acquisition of Mr. Cooper Group. However, FHFA is imposing strict market concentration limits to safeguard the nation’s mortgage system. The agency authorized Fannie Mae and Freddie Mac to approve the deal between
FHFA Approves Rocket Mortgage’s $9.4 Billion Acquisition Of Mr. Cooper Read Post »
CFPB Sues Rocket Homes And Real Estate Brokerage Over Kickback Scheme Rocket Homes remains defiant. Like usual, they are denying the allegations and calling them a distortion of reality. The CFPB said on Monday that it has sued Rocket over alleged violations of the Real Estate Settlement Procedures Act (RESPA), to include illegal kickbacks and
A Federal Judge Is Allowing A Rocket Mortgage Fraud Lawsuit To Proceed. Plaintiffs Allege Rocket Committed Fraud And Violated TILA. A federal judge in Pennsylvania last week dismissed five claims in a Rocket Mortgage fraud lawsuit. However, he did allow two other claims to stand. Two property owners in North Carolina sued Rocket in October
Rocket Mortgage Fraud Lawsuit Can Proceed Says Federal Judge Read Post »
Accusations Of Dan Gilbert Insider Trading Rattle Rocket Mortgage. Recent Court Ruling Is Sending Senior Executives Into A Frenzy A federal judge in Detroit has green-lighted the continuation of a class action lawsuit against Rocket Companies, Rocket Holdings, Inc., chairman Dan Gilbert and Rocket CEO Jay Farner. The suit revolves around accusations of Dan Gilbert
Dan Gilbert Insider Trading Accusations Rattle Rocket Mortgage Read Post »
