"Rocket Companies contends that the plaintiffs failed to plead injury, a qualifying referral, a thing of value, or an agreement, which are essential for their claims under RESPA."
"The class-action suit alleges that homebuyers were referred to third-party agents who paid referral fees of about 35% upon closing, incentivizing agents to steer borrowers to Rocket Mortgage."
"In its court filing, Rocket Companies argues that RESPA's Section 8(c) categorically exempts cooperative brokerage and referral arrangements, which undermines the plaintiffs' claims."
Rocket Companies filed a motion to dismiss a RESPA class action lawsuit in Michigan, asserting that the plaintiffs did not demonstrate injury or provide sufficient evidence for their claims. The lawsuit alleges that homebuyers were referred to agents who paid referral fees, incentivizing them to direct borrowers to Rocket Mortgage. Rocket Companies argues that Section 8(c) of RESPA exempts such referral arrangements and that the plaintiffs did not adequately plead essential elements of their case, including qualifying referrals and agreements related to the referrals.
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