Papanii Okai will help the mortgage giant harness artificial intelligence and build out fintech platform connecting its real estate, lending and personal finance subsidiaries. Continue reading
In a newly created role at Rocket Pro TPO, the former Sagent CEO is tasked with winning more business from mortgage brokers by leveraging Rocket’s data, technology and AI capabilities. Continue reading
With second quarter net income up 28 percent to $178 million, CEO Varun Krishna says Rocket is making “significant investments in data leadership and infrastructure.” Continue reading
Rocket Homes Chief Technology Officer John Fair told Inman the tool has already resulted in users spending nearly twice as long on the lender’s website and returning six times more frequently. Continue reading
Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform. Continue reading
Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform. Continue reading
On its quest to reclaim the title of nation’s biggest mortgage lender, Rocket didn’t sacrifice profits, generating $291 million in net income as revenue grew 107 percent from a year ago, to $1.38 billion. Continue reading
Hunterbrook Media founder dismisses Ishbia’s take as “baseless conspiracy theory”, while Rocket says it and founder Dan Gilbert have no financial interests or relationship to Hunterbrook. Continue reading
The nation’s biggest mortgage lender posts its first annual loss since going public in 2020, largely driven by $854.1 million in write-downs of mortgage servicing rights. Continue reading
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