Jay Bray, CEO of Rocket Mortgage, said the connection between brokers and Compass agents will roll out in phases. “There are existing partners that already have relationships with Compass agents. Phase two... Read more »
Fawaz, who has served the company most recently as executive vice president of strategy, growth and partnership, joined Rocket in 2011 as a mortgage banker. He entered the wholesale channel in 2017... Read more »
“I’m honored to return to Rocket Pro and champion the brokers who make homeownership possible in the communities they serve,” Niemiec said in a statement. “Together with Katie [Sweeney], Cory [Scholl], [Mike]... Read more »
Detroit-based Rocket Companies was hit with a class-action lawsuit on Monday that accuses one of the nation’s largest mortgage lenders of steering consumers to their loan products, “even though Rocket Mortgage‘s terms... Read more »
In a recent episode of the HousingWire Daily podcast, Editor in Chief Sarah Wheeler sits down with Bill Emerson, president of Rocket Companies, to discuss its recent lawsuit against the U.S. Department... Read more »
“MSRs are an attractive way to acquire future origination clients together, our origination and servicing businesses form a powerful homeowner supply wheel that allows us to source new clients and organically create... Read more »
Rocket Mortgage Chief Information Officer Brian Woodring is departing the company to pursue other opportunities, multiple sources told HousingWire. The decision comes as the lender shifts its business strategy to embrace artificial intelligence (AI). ... Read more »
In a message to mortgage brokers, United Wholesale Mortgage (UWM) defended itself from the Hunterbrook Media report that claims the lender orchestrated a scheme to steer loans. The wholesale lender said it’s offering legal support to... Read more »
Rocket Companies, the parent of Rocket Mortgage, promoted Noah Edwards as the firm’s chief accounting officer. Edwards will replace Brian Brown, who had assumed the CAO position in addition to being the... Read more »
Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. ... Read more »