Tag Archives: Rocket Mortgage

In a first, Rocket Mortgage powers mortgages for a community bank

By Matt Carter | January 31, 2023 - 9:37 pm |January 31, 2023 Uncategorized

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Nashville, Tennessee-based Fourth Capital Bank is the first to integrate Rocket’s digital mortgage application using a new platform developed by Q2 Software. Continue reading →

The biggest mortgage, lending and housing finance stories of 2022

By Matt Carter | December 28, 2022 - 6:00 pm |December 28, 2022 Uncategorized

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The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading →

Family behind UWM to buy Phoenix Suns and Mercury

By Matt Carter | December 21, 2022 - 8:14 pm |December 21, 2022 Uncategorized

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The Suns and Mercury deal, valued at $4 billion, sets the stage for the nation’s largest mortgage lenders, United Wholesale Mortgage and Rocket Mortgage, to be court rivals. Continue reading →

Billions in losses, a brutal market and more from Q3 earnings season

By Jim Dalrymple II | November 14, 2022 - 10:00 am |November 14, 2022 Uncategorized

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A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading →

UWM overtakes Rocket Mortgage as biggest US lender after strong Q3

By Matt Carter | November 4, 2022 - 8:05 pm |November 4, 2022 Uncategorized

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United Wholesale Mortgage says it’s attracting not only homebuyers, but mortgage originators, by slashing rates and offering the latest technology to build market share. Continue reading →

Rocket’s profits down 93% as mortgage originations fall

By Matt Carter | November 3, 2022 - 9:24 pm |November 3, 2022 Uncategorized

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With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73 percent from a year ago, to $23.7 billion. Continue reading →

Rocket courts correspondent lenders with tech tools

By Matt Carter | October 19, 2022 - 9:04 pm |October 19, 2022 Uncategorized

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New branded client portal lets homebuyers apply for loans, review documents and e-sign disclosures and closing documents. Continue reading →

Heading off surprises helps keep deals on track as rates rise

By Matt Carter | October 18, 2022 - 4:26 pm |October 18, 2022 Uncategorized

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Power buyers and mortgage lenders are providing certainty to homebuyers and sellers, industry leaders said at Inman Connect on Tuesday. Continue reading →

Rocket promotes from within, names new CFO and general counsel

By Matt Carter | October 4, 2022 - 9:45 pm |October 4, 2022 Uncategorized

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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 →

Amrock aims to offer smartphone closings everywhere they’re allowed

By Matt Carter | September 19, 2022 - 1:38 pm |September 19, 2022 Uncategorized

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The Rocket Companies subsidiary will roll out mobile eClosings for purchase loans by the end of 2022, an indication the practice of attending a closing in person may soon be coming to a close. Continue reading →