Tag Archives: Varun Krishna

Transitions, eliminated positions, acquisitions: Inman’s Top 5

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading →

Rocket Companies set to acquire Mr. Cooper Group Inc. for $9.4B

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The all-stock deal is set to close in Q4 2025. Mr. Cooper Group Chair and CEO Jay Bray will become president and CEO of Rocket Mortgage while reporting to Rocket Companies CEO Varun Krishna. Continue reading →

Rocket: Redfin acquisition will cut consumer transaction costs by half

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Rocket executives say that a whopping $20,000 in savings from unifying home search, buying, selling, mortgage, title and servicing could allay antitrust concerns and keep regulators at bay after the deal closes. Continue reading →

Krishna, Kelman dish on the future of ‘the Rocket-Redfin experience’

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Rocket CEO Varun Krishna and Redfin CEO Glenn Kelman shared with Inman why they agreed to merge as part of a $1.75 billion acquisition. AI, data and a complete consumer experience were at the center of it. Continue reading →

Rocket Companies to purchase Redfin in $1.75B all-stock deal

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Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin’s home search platform, which features over 1 million listings and a network of 2,200 ag… Continue reading →

US home lending giant Rocket Mortgage bidding Canada adieu

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Canadian mortgage strategist blames the country’s securitization market, which allows the country’s six biggest banks to sell mortgages to investors but is closed to smaller lenders. Continue reading →

Rocket’s $649M Q4 profit puts the company in the black for 2024

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In a difficult year for real estate, Rocket Mortgage grew closed loan volume by 29 percent, to $101.2 billion, and higher profit margins on those loans helped boost net revenue by 34 percent, to $5.1 billion. Continue reading →

Rocket consolidates home search, mortgage with Rocket.com launch

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Announced Wednesday, Rocket’s new domain targets high-intent homebuyers by utilizing AI to provide around-the-clock support, answer questions and keep clients and agents informed. Continue reading →

The CEOs in the spotlight at Inman Connect New York

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Inman Connect New York is renowned for gathering the brightest minds in real estate, offering unparalleled access to expert insights and networking opportunities. This January, join industry leaders at the Hilton Midtown for transformative discussions … Continue reading →