Page 7 - Rocket Pro News Today

“Rob, earlier this week you posted some ‘units funded’ information from the MBA showing a dramatic decline from a few years ago... Dollar-wise, certainly we’re nowhere near the $4+ trillion funded in 2021. What are some of the other MBA thoughts about 2023 and beyond?” Wise economists will tell you, “If you’re going to put a number on it, don’t put a date on it, and if you’re going to put a date on it, don’t put a number ...

Karan Kaul, Rocket Central's VP of public policy, will prioritize opportunities for buyers with difficulty accessing mortgage credit.

A longtime rivalry between two of metro Detroit's largest employers escalated a little more Thursday.Mat Ishbia, the president and CEO of Pontiac-based mortgage lender United Wholesale Mortgage Corp., fired a shot across the bow to rival lender Rocket Mortgage, accusing the Detroit-based company of…

Hey, why wouldn’t you want to join the Mortgage Action Alliance? It doesn’t cost you a penny, and there’s strength in numbers. Signing up takes about 90 seconds. And the information you receive is much more reliable than mine! The U.S. Census Bureau produces some reliable information, unless you’re some conspiracy theory nut, and they have information that loan officers love: where most owners are free and clear of any home loan. And 30-year rates, which probably won&...

/PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based fintech platform company consisting of tech-driven...

Rocket Pro TPO wants to court brokers from its competitor United Wholesale Mortgage even if it means covering legal costs to bring them over. 

The lender will cover the court-related costs and penalties professionals may incur for breaking their pact with United Wholesale Mortgage.

In a move that would seemingly escalate the ongoing cross-town battle between two giant mortgage lending rivals, executives at Rocket Mortgage now say they'll pay up for independent brokers feeling stuck due to an ultimatum from United Wholesale Mortgage.Mike Fawaz, the executive vice president of…

Happy Groundhog Day, where the rodent saw its shadow this morning, so plan on six more weeks of winter. There’s an old Yiddish proverb “We plan, God laughs.” Lots of people plan on owning a home, and will need financing. (Today’s podcast features an interview with homeowner Riley Howard about his decision why he refinanced his primary mortgage rate four times, and how he chose his lender(s).) Plenty of lenders are planning on being around to help do the estimated $2 t...

The layoff round, which a spokesperson said represents "less than one quarter of one percent of the roles in the company," comes after Rocket announced a 20-person reduction in the marketing team in early January.