Mortgage giant reports positive adjusted earnings for the third consecutive quarter, “despite some of the most difficult industry conditions in three decades,” CEO Varun Krishna says. Continue reading
With the addition of new partners serving 713,865 members, myCUmortgage says it’s now helping nearly 200 credit unions originate, underwrite and service conventional and government-backed home loans. Continue reading
The company’s first group CMO will be responsible “for creating a unified and compelling voice for all businesses” under the Rocket umbrella, including Rocket Mortgage, Rocket Homes and Rocket Money. Continue reading
The mortgage lending giant’s board of directors has been expanded from seven members to eight to accommodate the move. Krishna’s term will expire at the company’s 2026 annual meeting. Continue reading
Integration with Apple CarPlay turns the commute “into an exciting and natural part of the homebuying journey” — unless you drive a Tesla. Continue reading
After months of beta testing, the melloNow underwriting engine can analyze credit reports, detect fraud, and validate income and employment data without human assistance. Continue reading
Homebuyers don’t just want good rates, they want lenders to solve problems that will keep them from getting to the closing table, J.D. Power finds. Continue reading
“The Wall Street Journal” alleges UWM CEO and Phoenix Suns owner is “charting a risky path in both business and sports,” but the Ishbia family is raking in hundreds of millions of dollars in profit even when the company is losing money. Continue reading
While others are downsizing, the nation’s biggest mortgage lender is investing in new technology and hiring new team members to be prepared if mortgage rates come down and business booms. Continue reading
Cost-cutting helped the mortgage lending giant rack up its second consecutive profitable quarter, but at $61.45 billion, mortgage originations for the year to date are down 46 percent from a year ago. Continue reading