Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
Katie Sweeney lawsuit against AIME seeks $280,000 in unpaid compensation while the mortgage broker association counters with allegations of misconduct.
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
Bill Emerson is retiring as president of Rocket Companies but will remain as a director, the company disclosed in a filing with the Securities and Exchange Commission (SEC).
Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be redirected to Redfin’s platform, which will serve as Rocket’s primary home search tool.