Page 24 - Jay Farner News Today

Rocket Companies Inc to buy Truebill for $1.275 billion in cash. CEO Farner discussed the acquisition on CNBC's "Squawk on the Street".

The acquisition could not only help Rocket boost its purchase loan business, but provide a steady source of revenue that's not tied to the cyclical ups and downs of real estate.

Rocket Companies acquires personal finance startup Truebill for $1.275B - SiliconANGLE

The 2.5 million-member personal-finance app has saved consumers $100 million-plus since its founding in 2015, and could add a similar amount on an annualized basis to fee income.

The Detroit police and fire pension fund is suing Rocket Companies Inc. chairman and real estate mogul Dan Gilbert in Delaware, alleging he traded on insider information in a $500 million stock sale. The civil lawsuit filed Nov. 23 and partially unsealed publicly Friday against Gilbert and Rock…

From Crain's Detroit Business: The Detroit police and fire pension fund is suing Rocket Cos. chairman, real estate mogul and Cleveland Cavaliers owner Dan Gilbert in Delaware, alleging he traded on insider information. The civil suit filed Nov. 23 and partially unsealed publicly Friday, Dec. 3, against Gilbert and Rock Holdings Inc. is a derivative suit, meaning it's being brought by a shareholder on behalf of the company.

The luxury home market continues to boom, so FOX Business took a look at the priciest listings in America's top five metro markets

Top 3 highest-paid CEOs in the US received over $8.2 billion in 2020

Cleveland, Ohio, is known for its cultural attractions, extensive park system and its professional sports teams.

RKT earnings call for the period ending September 30, 2021.