United Wholesale Mortgage is gunning for retail rivals’ customers

United Wholesale Mortgage, the nation’s biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages. Continue reading

Mortgage lenders use tech and local ties to grow national footprints

Atlanta-based direct mortgage lender Silverton Mortgage, a Snapdocs client, has added new branches in the Carolinas, Arkansas and Missouri over the past year. Continue reading

Rocket scores another deal to provide home loans through banks

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

Santander Bank sends homebuyers to Rocket Mortgage for loans

The bank’s website is set up to funnel homebuyers to RocketMortgage.com, where Santander customers are informed they’re eligible for special loan pricing and a savings of $500 at closing. Continue reading

Rocket stays profitable by a hair in Q2 after cutting $300M in expenses

In addition to shedding workers, the parent company of the nation’s biggest lender trimmed marketing, production and other vendor-related costs to beat cost-cutting goal, according to an earnings report Thursday. Continue reading

Study: Homeowners often miffed if lenders outsource servicing

J.D. Power’s annual Mortgage Servicer Satisfaction Study finds customer satisfaction is 26 percent higher when mortgages are originated and serviced by the same company. Continue reading

Rate Drop Advantage program offers homebuyers a break on refis

If rates come down in the next three years, Rocket Mortgage’s program will cover some refinancing costs including first appraisal, credit report, tax certification and the mortgage recording fee. Continue reading

Rocket Mortgage customers offered free premium Truebill accounts

The rebranding and tighter integration of Truebill into the Rocket platform is part of a broader effort to transform the company’s brands into a fintech platform. Continue reading

Rocket Mortgage wants the world to know it’s in Canada

Windsor-based mortgage broker Edison Financial will rebrand as Rocket Mortgage in August and begin making direct loans. Continue reading