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
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
CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges
After posting $493M Q4 loss, Rocket executives say they're focused on reaching homebuyers through the wholesale channel and new personal finance app, Rocket Money
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
With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73% from a year ago, to $23.7B
After initial focus on mortgages, 'Rocket Rewards' will be expanded to provide discounts on other 'ecosystem' offerings including personal loans and solar panels
Brian Brown and Tina John are tapped to fill openings created by the retirement of two top executives, Julie Booth and Angelo Vitale
Lenders earn a new source of income by integrating Rocket Mortgage's digital mortgage application into an online banking platform developed by Q2 Holdings Inc.
In addition to shedding workers, the parent company of the nation's biggest lender trimmed marketing, production and other vendor-related costs to beat cost-cutting goal
Rebranding and tighter integration of Truebill into Rocket platform is part of a broader effort to transform the company's stable of more than a dozen brands into a fintech platform
Buyout offers to approximately 2,000 workers are expected to save nation's biggest mortgage lender roughly $180M per year, according to a Q1 earnings call on Tuesday
The nation's largest mortgage lender sees itself as a fintech platform that's out to unlock the lifetime value of its clients
Donations to lawmakers who voted against certifying the 2020 election results from the National Association of Realtors and Rocket Mortgage clocked in at more than $375K in 2021
The acquisition gives Rocket an inside track to market real estate services, mortgages and other loans to Truebill's 2.5M members