Rocket trims workforce after completing Mr. Cooper acquisition
Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
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FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards
Despite clearing approval, FHFA underscores need to limit counterparty risk and preserve mortgage market stability.
Bill Emerson to retire as president of Rocket Companies
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).
Tech Pulse: AI Summit delves deep on housing industry impacts
Read on for a rundown of speakers who shared expert insight at this past week’s HousingWire AI Summit in Dallas.
Rocket returns to profitability in Q2, yields early benefits from Redfin deal
Rocket Companies has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S.
Trump’s assault on DEI hasn’t ended federal efforts to stop appraisal bias
While the Trump administration has rolled back many regulations around appraisal bias, some remain in place.
‘It was love at first sight!’ Inside Rocket’s pursuit of Redfin, Mr. Cooper
CEOs Varun Krishna, Jay Bray and Glenn Kelman share how and why the deals went down at HousingWire’s The Gathering.
Rocket shifts focus to integration after Q1 growth in originations and M&A
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.
The nation’s largest mortgage lenders are only getting bigger
Inside Mortgage Finance (IMF) data for the first quarter of 2025 was released this week. The numbers show little movement in the composition of the top 10 originators, but there is significant volatility in sales volumes on both a quarterly and yearly basis.
Mat Ishbia’s unfiltered thoughts on the Rocket-Mr. Cooper deal
What does UWM’s Mat Ishbia think about Rocket Companies’ pending $9.4 billion deal for Mr. Cooper? “It’s fantastic,” he said.