Tag Archives: rocket companies

Rocket subsidiary Lendesk launches mortgage AI assistant

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Lender Spotlight AI Assistant sifts through the finer points of more than 7,000 mortgage options to help brokers identify the right product and answer clients’ questions. Continue reading →

Rocket back in the black after boosting purchase market share

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The Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages. Continue reading →

Rocket taps veteran fintech exec Varun Krishna as next CEO

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Changing of the guard demonstrates mortgage is just one component of a larger fintech strategy, with former Intuit, PayPal exec set to succeed interim CEO Bill Emerson on Sept. 5. Continue reading →

Keller Williams, Rocket named best companies for diversity: Forbes

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KW, Rocket and Anywhere all landed spots on Forbes’ latest list of best employers for diversity. The news comes amid an ongoing push for greater diversity in real estate. Continue reading →

Rocket Homes is target of ‘ongoing law enforcement investigation’

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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 probe is ongoing. Continue reading →

Rocket’s new Visa rewards card targets first-time homebuyers

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The credit card’s rewards points are structured to incentivize borrowers to choose Rocket Mortgage when financing their homes. Continue reading →

Rocket, UWM cut a combined 9,500 positions in 2022, new filings show

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Companies said that instead of laying off workers, they’re trimming their payrolls through attrition or by offering voluntary buyouts. Continue reading →

Real estate took a drubbing in Q4, but some companies still surprised

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Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

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Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →