Rocket scores another deal to provide home loans through banks
Lenders earn a new source of income by integrating Rocket Mortgage's digital mortgage application into an online banking platform developed by Q2 Holdings Inc.
by Matt Carter Aug 12
Santander Bank sends homebuyers to Rocket Mortgage for loans
The bank's website is set up to funnel homebuyers to RocketMortgage.com, where Santander customers are informed they're eligible for special loan pricing and a savings of $500 at closing
by Matt Carter Aug 5
Rocket stays profitable by a hair in Q2 after cutting $300M in expenses
In addition to shedding workers, the parent company of the nation's biggest lender trimmed marketing, production and other vendor-related costs to beat cost-cutting goal
by Matt Carter Aug 5
Rocket rolls out home equity loans for debt consolidation
A new product for paying off high-interest credit card debt will be offered to millions of users of Rocket's personal finance app, Truebill
by Matt Carter Aug 1
Homeowners often miffed if lenders outsource servicing: Study
J.D. Power's annual Mortgage Servicer Satisfaction Study finds customer satisfaction is 26% higher when mortgages are originated and serviced by the same company
by Matt Carter Jul 28
Rate Drop Advantage program offers homebuyers a break on refis
If rates come down in the next 3 years, Rocket Mortgage's program will cover some refinancing costs including first appraisal, credit report, tax certification, and mortgage recording fee
by Matt Carter Jul 27
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
Joint venture to help midsize lenders play in tech big leagues
EXL, Corridor Platforms and Oliver Wyman are teaming up to help smaller lenders harness data analytics, artificial intelligence and the cloud for turnkey digital lending programs
by Matt Carter Jul 19
Rocket Mortgage wants the world to know it's in Canada
Windsor-based mortgage broker Edison Financial will rebrand as Rocket Mortgage in August and begin making direct loans
by Matt Carter Jul 13
Homebuyers can start loan apps with Google or Facebook credentials
Floify claims it's the first first major mortgage point-of-sale software provider to offer Single Sign-On (SSO) capabilities
by Matt Carter Jul 7
Mortgage Coach and Sales Boomerang merge under new CEO
Richard Harris, a veteran of SparkPost, Oracle and AddThis, will lead the merged company, which said it will employ 144 people with no layoffs anticipated
by Matt Carter Jun 28
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
Inman announces first round of exhibitors for ICNY22
Real estate tech and service companies celebrate 25 years of industry-leading events this spring in New York
Pennymac lays off 236 workers after upping tech, marketing investments
The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers
by Matt Carter Mar 29