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May 3, 2024
Rocket Companies delivered a $291 million profit in Q1 2024 by reducing costs and increasing investments in artificial intelligence.
May 2, 2024
Adrie Burks was recently promoted to Lakewood Branch manager/loan officer at Peoples Bank, according to Mary Fowler, CEO.
April 26, 2024
There seems to be a bit of a baby boom going on out there. Prospective home buyers who need a place for a growing family quickly find out that residential lending isn’t without its share of tears. Next time you’re dealing with an upset borrower or loan officer, here’s something you can try. “We are committed to solving the rental crisis in Australia. By providing high quality prefabricated homes, available for immediate hire or purchase, we fight the rental crisis one...
April 12, 2024
When I win the lottery, I am going to buy one of these to heat my blankets at home. Of course, that would mean that I will have to start playing the lottery, so until then I’ll just have to rely on my cat Myrtle to prep things. Just because you own a home, doesn't mean you're wealthy; some homeowners live in poverty. A LendingTree analysis shows that more than 3 million families who live in owner-occupied homes in the U.S. earn incomes below the poverty threshold for their...
April 6, 2024
Hunterbrook Media founder dismisses Ishbia's take as a "baseless conspiracy theory", while Rocket says it and founder Dan Gilbert have no financial interests or relationship to Hunterbrook.
April 2, 2024
Counterparty risk and oversight platform provider Loanscape says customizable questionnaires and document requests allow lenders to automate up to 80 percent of the workflow when onboarding mortgage brokers and correspondents.
February 29, 2024
Rocket Companies will soon shut down Rocket Pro Originate, a mortgage origination platform for real estate agents and other financial pros.
February 22, 2024
Generated Q423 net revenue of $694 million and adjusted revenue of $885 million. Adjusted revenue exceeded the high end of guidance range, and year-over-year...
February 16, 2024
The legal battle follows the creation of a Facebook group called “Rocket Pro TPO vs UWM,” which was allegedly founded in October 2023.
February 16, 2024
It was a sad day earlier this week for anyone who likes food out of a toaster as the inventor of Pop-Tarts passed away at age 96. (Yes, Pop-Tarts were invented… they don’t grow naturally in the wild.) Something else that isn’t found naturally is airline seat pricing. We’re in mid-February, and conference activity will increase, and families will start thinking about summer vacations. That often means flights. Prices do go up significantly 21, 14, and seven days before...