Tag Archives: rocket companies

Rocket’s new Visa rewards card targets first-time homebuyers

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The credit card’s rewards points are structured to incentivize borrowers to choose Rocket Mortgage when financing their homes. Continue reading →

Rocket, UWM cut a combined 9,500 positions in 2022, new filings show

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Companies said that instead of laying off workers, they’re trimming their payrolls through attrition or by offering voluntary buyouts. Continue reading →

Real estate took a drubbing in Q4, but some companies still surprised

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Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

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Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

Rocket’s new loyalty program furthers lender’s fintech strategy

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After initial focus on mortgages, Rocket Rewards will be expanded to provide discounts on other “ecosystem” offerings including personal loans and solar panels. Continue reading →

Real estate companies are about to tell us just how bad the downturn is

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Many of the industry’s big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market. Continue reading →

Side carries out new round of layoffs amid slowing market

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The latest round of cuts comes after the company laid off 10 percent of its workforce in June. Side’s layoffs are among dozens of others in the housing industry this year. Continue reading →

Rocket promotes from within, names new CFO and general counsel

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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

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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 →

Rocket scores another deal to provide home loans through banks

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Lenders can integrate Rocket Mortgage’s digital mortgage application into an online banking platform developed by Q2 Holdings Inc. Continue reading →