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 »
Rocket Companies, the parent of Rocket Mortgage, wasn’t immune to the headwinds the industry is facing as it reported a GAAP net loss of $390 million in 2023 and an adjusted net... Read more »
Rocket Homes Real Estate rolled out its new app on Apple Vision Pro, Apple’s new virtual reality and mixed-reality headset. It will allow users to view and tour properties by blending their... Read more »
In 2024, regardless of mortgage lenders’ volume, Fair Isaac Corp. (FICO) – the company that retains the rights to the market’s adopted methodology to measure consumer credit risk – will charge one... Read more »
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services. Rocket Pro TPO‘s executive vice president Mike Fawaz shared major changes... Read more »
Detroit-based Rocket Companies, parent of Rocket Mortgage, has named Jonathan Mildenhall to its newly created chief marketing officer position, responsible for the marketing and communications teams for all the company’s brands. Mildenhall will create... Read more »
Rocket Homes is looking to make your daily commute part of your home search experience. The company announced Tuesday that the Rocket Homes iOS app is now available on the infotainment screen... Read more »
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency mortgages for non-owner-occupied homes. The announcement, made via social... Read more »