Tag Archives: Rocket Homes

Rocket Mortgage customers offered free premium Truebill accounts

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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

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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

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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

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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

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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

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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

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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

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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 →

Rocket Homes hiring in-house agents, launching iBuyer program

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Rocket Cos., the parent company of the nation’s biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary. Continue reading →