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
In a first, Rocket Mortgage powers mortgages for a community bank
Nashville, Tennessee-based Fourth Capital Bank is the first to integrate Rocket Mortgage’s digital mortgage application using new platform developed by Q2 Software
by Matt Carter Jan 31
Rocket's profits down 93% as mortgage originations fall
With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73% from a year ago, to $23.7B
by Matt Carter Nov 3
Rocket's new loyalty program furthers lender's fintech strategy
After initial focus on mortgages, 'Rocket Rewards' will be expanded to provide discounts on other 'ecosystem' offerings including personal loans and solar panels
by Matt Carter Nov 2
Rocket promotes from within, names new CFO and general counsel
Brian Brown and Tina John are tapped to fill openings created by the retirement of two top executives, Julie Booth and Angelo Vitale
by Matt Carter Oct 4
Rocket Mortgage customers offered free premium Truebill accounts
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
by Matt Carter Jul 20
Rocket says it's preparing for further declines in mortgage profits
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
by Matt Carter May 11
Rocket and Wells Fargo eye buyouts and layoffs in face of rising rates
Rocket Mortgage and Amrock, Rocket’s title and settlement company, are offering buyouts to 8% of its workforce while Wells Fargo confirmed with Inman that it laid off employees last week
by Matt Carter Apr 28
Rocket shuffles leadership and repositions as a fintech platform
As interest rates rise, the largest US mortgage lender bills itself as more than home loan provider
by Matt Carter Jan 12
Rocket acquires personal finance app Truebill in $1.27B deal
The acquisition gives Rocket an inside track to market real estate services, mortgages and other loans to Truebill's 2.5M members
by Matt Carter Dec 20
Rocket Mortgage's profits slip in Q3 as it pivots to lending to homebuyers
Nation's biggest mortgage lender growing partnerships with real estate agents, mortgage brokers, banks, and credit unions
by Matt Carter Nov 5