In local and national mortgage war, is Mat Ishbia a genius or 'bully?'
The answer to that question depends on a number of factors, but for Mat Ishbia of Pontiac-based United Wholesale Mortgage, his tactics are working.
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The answer to that question depends on a number of factors, but for Mat Ishbia of Pontiac-based United Wholesale Mortgage, his tactics are working.
Such claims have resulted in an ongoing securities class action against the company, as well, which an attorney for the defendants has denied.
In April, Rocket Mortgage sold roughly 4% of its servicing book to JPMorgan Chase, which recently surpassed Wells Fargo as the largest mortgage servicer in America.
Check out Inman's earnings-related coverage to see how your brokerage fared in the first three months of 2023.
Rocket Companies Inc. recorded a net loss of $411 million on net revenue of $666 million in the first quarter of 2023.