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
Lender Spotlight AI Assistant sifts through the finer points of more than 7,000 mortgage options to help brokers identify the right product and answer clients’ questions. Continue reading
The Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages. Continue reading
Changing of the guard demonstrates mortgage is just one component of a larger fintech strategy, with former Intuit, PayPal exec set to succeed interim CEO Bill Emerson on Sept. 5. Continue reading
Previously a mortgage broker, the addition of direct loans expands Rocket Mortgage Canada’s product set and allows the company to match clients with real estate agents. Continue reading
KW, Rocket and Anywhere all landed spots on Forbes’ latest list of best employers for diversity. The news comes amid an ongoing push for greater diversity in real estate. Continue reading
The Consumer Financial Protection Bureau launched an investigation into Rocket’s real estate brokerage arm in 2020 on eve of the company’s IPO. Three years later, the probe is ongoing. Continue reading
The credit card’s rewards points are structured to incentivize borrowers to choose Rocket Mortgage when financing their homes. Continue reading
Companies said that instead of laying off workers, they’re trimming their payrolls through attrition or by offering voluntary buyouts. Continue reading