Page 22 - Jay Farner News Today

DETROIT (AP) — The Rocket Mortgage Classic golf event raised more than $1.35 million...

Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.

The nonprofit that manages the Rocket Mortgage Classic raised more than $1.35 million last year through the third annual PGA Tour event in Detroit.The Rocket Giving Fund announced Thursday that $805,000 of those funds were put back into partner organizations with the Changing the Course initiative,…

Detroit grows from 40 percent of households being digitally included to 67.5 percent in just two years since it became focal point of golf event ... | February 10, 2022

A Rocket Companies’ investor filed a stockholder derivative complaint on Monday that accuses Dan Gilbert of using non-public information to sell stock and avoid material losses.

An investor in Rocket Companies Inc. — which operates Rocket Mortgage, Rocket Homes, and Rocket Auto — filed a derivative lawsuit accusing the company’s founder and chairman of insider trading, claiming he sold $500 million in stock last year based on “material, non-public information about Rocket.” The 40-page complaint, first reported by Reuters news service, was filed Monday in the Court of Chancery in Delaware by shareholder Christopher Vargoshe. It names Rocket Chairman Daniel GIl...

Mortgage professionals from every reach of the industry have profited hugely from the housing boom over the past few years, and in the meantime, some companies have bolstered their internal technology and automation to improve productivity. But, all good times must come to an end. Now that mortgage rates are on the rise, prices have reached astronomical levels, and demand is dropping off substantially, business is expected to take a nose-dive. Mortgage professionals have now entered into the lan...

These two stocks struggled in 2021 but could break out in 2022.

As rising mortgage rates threaten profits, the nation's largest mortgage lender positions itself as more than a provider of home loans.

Bob Walters' decades of experience with the brand offers stability as it fights to remain at the forefront amongst its competitors in mortgage and related businesses.