On its quest to reclaim the title of nation's biggest mortgage lender, Rocket didn't sacrifice profits, generating $291M in net income as revenue grew 107% from a year ago, to $1.38B
CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges
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
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
The nation's largest mortgage lender sees itself as a fintech platform that's out to unlock the lifetime value of its clients
As interest rates rise, the largest US mortgage lender bills itself as more than home loan provider
The acquisition gives Rocket an inside track to market real estate services, mortgages and other loans to Truebill's 2.5M members
There's a backstory to Lower that helps explain why the company believes it can now position itself as not just a lender, but 'Everything for your home, for Lower'
Rocket Mortgage posted its best quarter ever for purchase loan originations during the 3 months ending June 30, according to second-quarter earnings figures released Thursday