Rocket's new CEO Varun Krishna takes seat on board of directors
The mortgage lending giant's board of directors has been expanded from 7 members to 8 to accommodate the move. Krishna's term will expire at the company's 2026 annual meeting
by Matt Carter Dec 29
Rocket back in the black after boosting purchase market share
Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages
by Matt Carter Aug 4
Rocket taps veteran fintech exec Varun Krishna as next CEO
In a bold move demonstrating mortgage is just 1 component of a larger fintech strategy, Rocket names former Intuit, PayPal and Microsoft exec to succeed interim CEO Bill Emerson on Sept. 5
by Matt Carter Jul 31
Rocket CEO Jay Farner, who led company's 2020 IPO, retiring June 1
Former Rocket Mortgage CEO Bill Emerson will serve as the company's interim CEO and fill the board vacancy while its board of directors conducts a search for a permanent leader
by Matt Carter Feb 14
Quicken Loans agrees to pay HUD $32.5M
A multiyear legal battle reaches its conclusion, with the lending giant admitting no wrongdoing but making FHA whole on 0.2% of loan moneys
by Patrick Kearns Jun 14
The week in industry hires and promotions: February 6-10, 2017
New executives, managers and agents in the residential real estate, tech and mortgage spaces
by Inman Feb 11