In addition to subtle tweaks to the company's logo and other details, brand revamp is aimed at positioning Rocket as a fintech platform supporting an 'end-to-end homeownership experience'
With Q2 2024 net income up 28% to $178M, CEO Varun Krishna says Rocket is making 'significant investments in data leadership and infrastructure' and partnering 'with the best in the industry'
Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped develop a cloud-based, API-driven generative AI platform
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
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 addition to paying high rates on any balances they carry, customers will find that their rewards points are worth much less if they don't choose Rocket Mortgage to finance their home
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
Nashville, Tennessee-based Fourth Capital Bank is the first to integrate Rocket Mortgage’s digital mortgage application using new platform developed by Q2 Software
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
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
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
As interest rates rise, the largest US mortgage lender bills itself as more than home loan provider