Amid Rising Rates, Detroit's Rocket Cos. Reports Q1 Profit
Rocket Cos. Inc. in Detroit announced its first quarter results, which showed a net revenue of $2.7B and an adjusted revenue of $1.9B.
Source: dbusiness.com
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Rocket Says It's Preparing For Further Declines In Mortgage Profits
Buyout offers to approximately 2,000 workers are expected to save nation's biggest mortgage lender roughly $180 million per year, according to Q1 earnings.
Source: inman.com
Rocket Companies, Inc. (NYSE:RKT) CEO Jay Farner Acquires 21,700 Shares
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Source: etfdailynews.com
10 Stocks You Should Sell Before Recession
In this article, we discuss the 10 stocks you should sell before recession.
Source: insidermonkey.com
UWM's Ishbia Criticizes Rocket For Job Cuts – NMP
Mat Ishbia is “disappointed” with Rocket Companies Inc. For those who have followed the feud between the two Detroit-based lenders, this is not a shock. Ishbia, president & CEO of United Wholesale Mortgage, took to LinkedIn to scold UWM’s crosstown rival for announcing plans to cut 8% of its workforce, or about 2,000 jobs.
Source: nationalmortgageprofessional.com