Tag Archives: Rocket Homes

Rocket’s new loyalty program furthers lender’s fintech strategy

By | | Uncategorized
Comments Off on Rocket’s new loyalty program furthers lender’s fintech strategy

After initial focus on mortgages, Rocket Rewards will be expanded to provide discounts on other “ecosystem” offerings including personal loans and solar panels. Continue reading →

Rocket promotes from within, names new CFO and general counsel

By | | Uncategorized
Comments Off on Rocket promotes from within, names new CFO and general counsel

Brian Brown and Tina John are tapped to fill openings created by the retirement of two top executives, Julie Booth and Angelo Vitale. Continue reading →

Rocket Mortgage customers offered free premium Truebill accounts

By | | Uncategorized
Comments Off on Rocket Mortgage customers offered free premium Truebill accounts

The rebranding and tighter integration of Truebill into the Rocket platform is part of a broader effort to transform the company’s brands into a fintech platform. Continue reading →

Rocket says it’s preparing for further declines in mortgage profits

By | | Uncategorized
Comments Off on 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 $180 million per year, according to a Q1 earnings call on Tuesday. Continue reading →

Rocket and Wells Fargo eye buyouts and layoffs in face of rising rates

By | | Uncategorized
Comments Off on 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 percent of its workforce while Wells Fargo confirmed with Inman that it laid off employees last week. Continue reading →

Rocket acquires personal finance app Truebill in $1.275B deal

By | | Uncategorized
Comments Off on Rocket acquires personal finance app Truebill in $1.275B deal

The acquisition could not only help Rocket boost its purchase loan business, but provide a steady source of revenue that’s not tied to the cyclical ups and downs of real estate. Continue reading →

Rocket Mortgage’s profits slip in Q3 as it pivots to lending to homebuyers

By | | Uncategorized
Comments Off on Rocket Mortgage’s profits slip in Q3 as it pivots to lending to homebuyers

Rocket Mortgage is targeting homebuyers more aggressively in marketing campaigns designed to bring consumers directly to its website. Continue reading →

LoanDepot building purchase loan business as rising rates stunt refis

By | | Uncategorized
Comments Off on LoanDepot building purchase loan business as rising rates stunt refis

Joint ventures with homebuilders and referral relationships with real estate agents are helping fuel loanDepot’s partner channel. Continue reading →

Real estate disruptors get serious about mortgage — and vice versa: Mike DelPrete

By | | Uncategorized
Comments Off on Real estate disruptors get serious about mortgage — and vice versa: Mike DelPrete

Real estate tech disruptors are investing billions to build integrated brokerage and mortgage experiences. Some have more resources than others, but all have the same scaling bottlenecks. And in the end, the biggest disruptors — and who is most at risk… Continue reading →

New, deeper mortgage relationships boost Blend’s Q2 revenue

By | | Uncategorized
Comments Off on New, deeper mortgage relationships boost Blend’s Q2 revenue

The San Francisco-based cloud banking software developer reported second quarter revenue of $32.1 million, up 46 percent from a year ago. Continue reading →