CrossCountry Mortgage has asked a federal judge to dismiss a lawsuit alleging the lender engaged in an illegal kickback arrangement with a Raleigh real estate firm.
Homebuyer Jeremiah VonBlohn, who filed suit at the end of July, claims his agent at Raleigh Realty directed him to CrossCountry in 2022 under a co-marketing agreement that gave the lender prominent placement on the firm’s website.
Several other borrowers also filed suits in June and July, accusing the national lender of paying Raleigh Realty $15,000 per month in 2021 and 2022 in exchange for exclusive client referrals.
All of the plaintiffs, including VonBlohn, are seeking details ⇒
BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com