Detroit-based Rocket Companies this week moved to dismiss a lawsuit alleging violations of the Real Estate Settlement Procedures Act (RESPA), arguing that plaintiffs failed to demonstrate injury, relied on claims beyond the one-year statute of limitations and did not sufficiently plead unjust enrichment.

The class-action suit, filed in late January, alleges that homebuyers who began their search through subsidiary Rocket Homes were referred to third-party agents who paid referral fees of about 35% upon closing.

It further claims agents were incentivized to steer borrowers to Rocket Mortgage — even when loan terms were less favorable — or face details ⇒

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