Rocket reorganizes to close Redfin acquisition, Mr. Cooper on deck
By handling every aspect of homebuying and selling, from search to financing to title and closing, Rocket aims to cut transaction costs on the median priced home in half, from $40k to $20k
by Matt Carter Jun 30
Redfin shareholders approve Rocket merger at special meeting
With antitrust regulators declining to weigh in, $1.75B deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month
by Matt Carter Jun 4
Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Although Rocket's plans to acquire Mr. Cooper and Redfin are structured as all-stock deals, assuming their debts will leave Rocket more highly leveraged, Fitch analysts say
by Matt Carter Jun 3
Mortgage servicer out of compliance with stock exchange listing rules
Embattled Ocwen spinoff has twice missed deadline on financial reports with SEC
by Amy Tankersley Mar 23