Tag Archives: rocket

Real estate’s hottest hookups amid merger mania: The Download

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Compression trumps competition as real estate industry heavyweights look for their perfect partners and set themselves up for strength and success in the years ahead. Continue reading →

Compass negotiating to buy Berkshire Hathaway HomeServices

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The deal is reportedly nearing the finish line, though the companies have not agreed on final terms. Continue reading →

Reffkin slams MLS ‘monopoly’ amid Clear Cooperation debate

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Compass CEO Robert Reffkin argued against Clear Cooperation Wednesday during an Inman on Tour session in Nashville while warning that “data is the new oil” amid predictions of a national MLS. 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 →

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 Companies takes Super Bowl ad rivalries to new heights

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Rocket’s 60-second “Own the Dream” Super Bowl ad featured a live singalong by thousands of fans to John Denver’s “Take Me Home, Country Roads.” 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 →

Mortgage rates ease on benign December inflation report

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Investors bid up shares of mortgage lenders and real estate companies after “relatively benign” CPI report ends speculation that inflation worries might force the Fed to raise rates this year. Continue reading →