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).
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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.
What went wrong at Redfin?
Redfin launched with the intention of redefining the real estate industry, but in a turbulent housing market, its signature innovation may have ultimately ended its run as a standalone company.
Rocket showcases strategic pivot on Q4 earnings call
On Thursday’s earnings call for Q4 2024, the company reported that it generated net revenue of $1.8 billion and adjusted revenue of $1.2 billion, with the latter figure coming in at the high end of Rocket’s expectations.