Rocket exec dishes on mortgage trends and beef with UWM
Bob Walters called United Wholesale Mortgage's ultimatum to independent brokers 'deeply offensive'
by Patrick Kearns Mar 23
What happens when 'meme traders' go after mortgage stocks?
Rocket Companies and LoanDepot briefly followed the trajectory of GameStop this month, seeing share prices spike simply because jokey online traders targeted their shares
by Jim Dalrymple II Mar 5
Rocket Companies stock soars, plummets amid Reddit-driven volatility
The online mortgage company this week has had both its best day ever on the stock market, as well as its worst day
by Jim Dalrymple II Mar 3
Rocket CEO: Agent response to new tech platform is 'overwhelming'
Jay Farner predicted Rocket Pro Insight would have a real estate agent client base of more than 15,000 by the end of the year
by Patrick Kearns Nov 16
Rocket Mortgage launches tech platform for agents
Rocket Pro Insight, which is available as a website and mobile app, provides agents with a look at where each loan is in the process, terms of the loan and timing of the loan's closing
by Patrick Kearns Oct 13
LoanDepot mulling IPO: Report
The lending giant could be worth $12B to $15B, according to new report in Bloomberg
by Patrick Kearns Sep 21
In downgrade, Rocket Companies prices stock at $18 per share for IPO
The total number of shares and pricing is a downgrade from the company's initial announcement offering 150M shares at a price ranging between $20 and $22 per share
by Patrick Kearns Aug 6
Housing starts and permits continue to recover from lows
Housing starts jumped more than 17% from May to June as the housing market continues to recover from stay-at-home orders
by Patrick Kearns Jul 17
Quicken Loans files for IPO as Rocket Companies
The Detroit-based lender announced the Rocket brand in 2015 and now plans to use the symbol RKT on the New York Stock Exchange
by Jim Dalrymple II Jul 7
New permits and housing starts are finally trending upward
While still below 2019 levels, forward-looking indicators for the housing market are showing some positive signs, according to the US Census Bureau
by Patrick Kearns Jun 17
Home price gains extend into January — but virus looms large
Home prices rose 3.9% in January, but the data does not take into account the impact of the coronavirus pandemic, which didn't take hold in the US until late February