• Rocket Companies hit with class-action lawsuit alleging steering, home-price inflation,Neil Pierson

    Rocket Companies hit with class-action lawsuit alleging steering, home-price inflation

    Detroit-based Rocket Companies was hit with a class-action lawsuit on Monday that accuses one of the nation’s largest mortgage lenders of steering consumers to their loan products, “even though Rocket Mortgage‘s terms are disadvantageous to the clients.” The suit was filed in the U.S. District Court

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  • Policy clash: how two housing policies blend to price out millions,John McManus

    Policy clash: how two housing policies blend to price out millions

    It goes with the insanity of today’s U.S. housing affordability crisis that two rights can make a wrong. Two federal policies — each designed to lower the lifetime operating cost of owning a home — can instead combine to raise the barrier to entry so high that millions of households never get throug

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  • Jason Mitchell Group adds LitFinancial to referral network,Jonathan Delozier

    Jason Mitchell Group adds LitFinancial to referral network

    The Jason Mitchell Group (JMG) said it has added mortgage brokerage LitFinancial to its network of business-to-business partners. LitFinancial was founded in 2024 and has closed more than $1 billion in client volume since launching — providing mortgage services and working with homebuyers nationwide

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