"The plaintiffs are represented by Hagens Berman, a consumer protection law firm that was also involved in similar litigation against Zillow and the National Association of Realtors. In a press release announcing the action, the law firm said that Rocket including its affiliates Rocket Mortgage, Amrock Holdings and Rocket Homes Real Estate, which were also named as defendants conspired to pressure clients to use Rocket's mortgage company to finance their purchase."
"The defendants are also accused of funneling leads to real estate agents who push clients to Rocket and away from other providers with cost-saving opportunities, in violation of a real estate agent's fiduciary duties to their clients. The firm went on to say that up until its acquisition of Redfin in 2025, Rocket Homes's website utilized a vast referral network to connect prospective homebuyers with third-party real estate agents, who were required to pay a 35% referral fee and steer clients to Rocket Mortgage."
"Everyday families rely on the laws governing our nation's real estate market for fairness and transparency, and we believe Rocket has failed to play by the rules, said Steve W. Berman, managing partner and co-founder of Hagens Berman. We believe at least hundreds of thousands of consumers have been duped by Rocket's tricks, and judging by its year-over-year revenue, its scheme has worked."
A class-action lawsuit filed in the U.S. District Court for the Eastern District of Michigan accuses Rocket Companies and affiliates of steering consumers to Rocket's mortgage products despite disadvantageous terms. Plaintiffs are represented by Hagens Berman and allege that Rocket pressured clients to use Rocket Mortgage and funneled leads to agents who violated fiduciary duties. The complaint describes a referral network on Rocket Homes that required third-party agents to pay a 35% referral fee and direct clients to Rocket Mortgage, including practices before Rocket's 2025 Redfin acquisition. The suit cites Rocket's strong revenue growth as evidence of the alleged scheme's success.
Read at www.housingwire.com
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