CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges. Source: Inman News
Posts published in “Rocket Mortgage”
A one-year agreement calls for RESAAS and Rocket Mortgage Canada to share revenue generated by new mortgages, mortgage renewals and refinances. Source: Inman News
New products and agent partnerships could help Better make the transition from a company known primarily for refinancing to a lender that serves homebuyers. Source:…
The Consumer Financial Protection Bureau launched an investigation into Rocket’s real estate brokerage arm in 2020 on eve of the company’s IPO. Three years later,…
The lender’s new “BUY+” program provides closing credit of up to $10,000 to homebuyers working with one of more than 20,000 Rocket Homes Partner Agents,…
The credit card’s rewards points are structured to incentivize borrowers to choose Rocket Mortgage when financing their homes. Source: Inman News
Companies said that instead of laying off workers, they’re trimming their payrolls through attrition or by offering voluntary buyouts. Source: Inman News
Rocket reported a $493 million fourth-quarter net loss even after slashing expenses by $202 million from the third quarter as revenue fell 81 percent from…
Nashville, Tennessee-based Fourth Capital Bank is the first to integrate Rocket’s digital mortgage application using a new platform developed by Q2 Software. Source: Inman News
The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Source:…