Rocket rebounds to 2nd-quarter profit from spring home sales
The results more than doubled from a year ago as interest rates steadied and positive economic growth and a strong labor market encouraged buyers.
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The results more than doubled from a year ago as interest rates steadied and positive economic growth and a strong labor market encouraged buyers.
The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon.
Rocket Mortgage and its affiliated companies continue to seek to trim headcount amid a challenging home lending market by offering buyouts.
Rocket is offering between 12 and 24 weeks of pay, along with extended benefits. The lender is also providing compensation for banked personal time off and early vesting of certain stock awards.
/PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based fintech platform company consisting of tech-driven...