Rocket executives say that a whopping $20,000 in savings from unifying home search, buying, selling, mortgage, title and servicing could allay antitrust concerns and keep regulators at bay after the deal closes.
Source: Inman News
Rocket: Redfin acquisition will cut consumer transaction costs by half
Published in antitrust, Antitrust Review, Bay Equity, Bay Equity LLC, Brett McGovern, Brian Brown, Brokerage, Consumer Financial Protection Bureau, Corte Madera, ftc, glenn kelman, homebuying experience, homeownership, Homeownership Process, Industry News, inman, Jason Aleem, mergers and acquisitions, Mortgage, mortgage financing, Real Estate Settlement Procedures Act (RESPA), Redfin, respa, rocket, rocket companies, Rocket Mortgage, san diego, seattle, Select, Sharon Cornelissen, transaction costs and Varun Krishna
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