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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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Rocket posts quarterly loss as mortgage industry challenges continue

Rocket Companies Inc. recorded a net loss of $411 million on net revenue of $666 million in the first quarter of 2023. ....

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UWM CEO Mat Ishbia sells 'authenticity' to grow broker channel, business

Ishbia on Thursday struck an optimistic tone around the mortgage industry during a presentation to clients at the company s "Super Bowl" event. ....

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Ishbia, Other UWM Execs Took Pay Cuts In 2022

Ishbia, Other UWM Execs Took Pay Cuts In 2022
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United Wholesale Mortgage CEO Mat Ishbia's compensation falls 10% in 2022

The Pontiac-based lender s net income took a hit, even as it beat Rocket Mortgage s origination volume in the latter half of the year. ....

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