Scaling from Freelancer to Business Owner

The lender isn't accusing United Wholesale Mortgage of wrongdoing, but says a broker secured loans for the same customers from both companies weeks apart. View the full article

The company first entered the Canadian market in 2020 through an investment in an Ontario-based brokerage, which later rebranded to Rocket Mortgage Canada. View the full article

The lender says its first-of-its-kind program can give consumers up to $5,000 in credits based on their prior 12-month rent payment history. View the full article

While Rocket Mortgage's satisfaction score improved by 4% versus 2024, the industry as a whole dropped 1%, with credit unions outpacing banks and IMBs. View the full article

Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed. View the full article

Starting with the client for life concept, executives from Rocket and CMG Financial described what is happening at their nonbanks to achieve future success. View the full article

Rocket Mortgage and Compass launched a three-year Redfin listing partnership, expanding access to 500,000+ homes, with executives saying they see no RESPA compliance issues. View the full article

The numbers suggest Rocket Mortgage's acquisition of Mr. Cooper won't add enough dollar volume to outpace its closest competitor but they also show the deal has other benefits. View the full article

Rocket Companies and Redfin argue in court filings that a lawsuit seeking to delay their merger is motivated by the plaintiff's personal gain, not concern for investors. View the full article

Rocket said the Redfin deal is part of a purchase mortgage strategy, but originating and retaining residential mortgages in portfolio is the real endgame writes the chairman of Whalen Global Advisors. View the full article

BTIG is waiting with "baited breath" for Fannie Mae and Freddie Mac to relist their common stocks, but if spreads widen, it could derail it from happening. View the full article

The Detroit-based mortgage bank's announcement trailed competitors' by over two weeks, but is taking a more aggressive risk-reward stance on the limit. View the full article

The fourth quarter results integrated the operations of both Redfin and Mr. Cooper into Rocket Cos., with the deals likely contributing to the full year loss. View the full article

The advocacy executive said there was a lot of misinformation regarding Rocket Pro and that the "rumors versus reality is very different." View the full article

Rocket Companies lost $124 million on a GAAP basis, but its management celebrated milestones regarding its Redfin and Mr. Cooper acquisitions. View the full article

Looking to recreate the buzz from its 2016 ad, Rocket leads spectators at the Superdome into a live version of 'Take Me Home Country Roads' during the big game. View the full article

Rocktop Management anticipates rising loan origination volume and increasing borrower distress, driving more servicing sales — key reasons behind its acquisition of Incenter Capital Advisors. View the full article

The decision in a New York case that is also undergoing federal review puts pressure on related parties to get things right within a statute of limitations. View the full article

Mr. Cooper is set to launch a pilot program by midyear, integrating previously released components into a unified platform. View the full article

The tool's launch comes as various sources report growth in both serious borrower delinquencies and foreclosure activity over the first few months of 2025. View the full article

Sales of new homes in the US were little changed in October near the strongest pace since 2023 as builders lured anxious customers with price cuts and incentives. View the full article

The state and local tax deduction is a write-off that most Americans will never claim, even in the districts of the lawmakers fighting hardest to increase the tax break, data analyzed by Bloomberg News shows. View the full article

Other issues have overshadowed closing costs of late but they're still a homeownership hurdle. Part five of five in a series: Automation and expenses View the full article

A majority of recent sellers said they offered to cover closing costs, with many also buying down mortgage rates, according to a new report from Zillow. View the full article

The Supreme Court heard arguments in a case revolving around whether a county violated the rights of a homeowner whose home was foreclosed on for owing taxes. View the full article