In a difficult year for real estate, Rocket Mortgage grew closed loan volume by 29%, to $101.2B. Higher profit margins on those loans helped boost net revenue by 34%, to $5.1B
Ahead of his Connect NYC appearance, CEO Varun Krishna details the mortgage giant's ambitious goals to grow its purchase loan business in 2025 by building closer ties to real estate agents
Connecticut has entered into a consent decree revoking the fintech mortgage lender's license, and LoanSnap has been put on notice by California regulators that they intend to do the same
Papanii Okai will help the mortgage giant harness artificial intelligence and build out the fintech platform that connects its real estate, credit card and personal finance subsidiaries
Clelia Warburg Peters, Era Ventures' founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation
Both companies help investors find, lease-up and simplify the acquisition of rental property. Getaway's conduits to financing options will help Doorvest launch its mortgage product
Since launching in 2021 as the 'Stripe of real estate,' Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business
New in 2025 is Waltz's in-app loan application, facilitating a fast, lightweight and consumer-driven process
The cloud-based brokerage saw surprisingly positive Q2 earnings results during a tough market. Chairman and CEO Tamir Poleg said the results were a testament to the firm's model
The future of real estate lies in our industry's ability to innovate, adapt and align our brands with the evolving market landscape, PR and marketing expert Molly McKinley writes
Integrations helped the income and employment data provider grow its mortgage customer base and attract backing from Rockefeller Asset Management’s Fintech Innovation Fund
ChatMTG can produce a rate for the consumer in less than a minute and the entire application for both new and refinanced mortgages can be completed in 10 minutes or less
Currently available only in Massachusetts, where Earnnest has a brokerage license, the service is designed to alleviate costs, management demands and legal risks of holding deposits in escrow
The company's first CMO will be responsible 'for creating a unified and compelling voice for all businesses' under the Rocket umbrella, including Rocket Mortgage and Rocket Homes
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