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Rocket Companies

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Rocket revamps real estate arm, moves home search to Redfin

August 4, 2025 by bp56691
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.
Categories Brokerage, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Mortgage and Housing Layoffs, Origination, Redfin, Rocket Companies

Rocket returns to profitability in Q2, yields early benefits from Redfin deal

July 31, 2025 by bp56691
Rocket Companies has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S.
Categories Earnings, HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage, Varun Krishna

‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper

June 9, 2025 by bp56691
CEOs Varun Krishna, Jay Bray and Glenn Kelman share how and why the deals went down at HousingWire’s The Gathering.
Categories HWmember, Mergers and Acquisitions, Mortgage, Mr. Cooper, Real Estate, Redfin, Rocket Companies, Rocket Mortgage, The Gathering, The Gathering 2025

Redfin stockholder files suit over disclosures in Rocket deal

May 12, 2025 by bp56691
Redfin shareholders are set to vote on Rocket’s acquisition of the firm next month, but one stockholder has issues with the disclosures.
Categories Glenn Kelman, Goldman Sachs, HWmember, Lawsuit, Legal, Mergers and Acquisitions, Mortgage, Real Estate, Redfin, Rocket Companies

Rocket shifts focus to integration after Q1 growth in originations and M&A

May 8, 2025 by bp56691
Lower rates helped Detroit-based Rocket Companies improve its originations in the first quarter of the year, a period also marked by the announcement of two major acquisitions, Redfin and Mr. Cooper. 
Categories Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage

Redfin reports falling revenue, higher losses in Q1 2025

May 6, 2025 by bp56691
Redfin did not host an earnings call ahead of its pending acquisition by Rocket Companies, a move CEO Glenn Kelman said the firm is excited for.
Categories Earnings, HWmember, Mergers and Acquisitions, Real Estate, Redfin, Rocket Companies
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