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Rocket Mortgage

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Rocket Companies hit with class-action lawsuit alleging steering, home-price inflation

January 26, 2026 by bp56691
Detroit-based Rocket Companies was hit with a class-action lawsuit on Monday that accuses one of the nation’s largest mortgage lenders of steering consumers to their loan products, “even though Rocket Mortgage’s terms are disadvantageous to the clients.”
Categories Consumer Financial Protection Bureau, Lawsuit, Legal, Mortgage, Rocket Companies, Rocket Mortgage

Rocket’s integrations of Redfin, Mr. Cooper lift Q3 results above forecasts

October 30, 2025 by bp56691
Rocket CEO Varun Krishna said that Q3 2025 marked the strongest purchase and refinance quarter for the company in the past three years.
Categories Earnings, HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage, Varun Krishna

Rocket trims workforce after completing Mr. Cooper acquisition

October 19, 2025 by bp56691
Rocket closed the $14.2 billion acquisition in early October — about 51% higher than the valuation announced in March — after completing all necessary approvals.
Categories HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage

FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards

August 26, 2025 by bp56691
Despite clearing approval, FHFA underscores need to limit counterparty risk and preserve mortgage market stability.
Categories Fannie Mae, FHFA, Freddie Mac, HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Mr. Cooper, Mr. Cooper Group, Regulatory, Rocket Companies, Rocket Mortgage

Bill Emerson to retire as president of Rocket Companies

August 20, 2025 by bp56691
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).
Categories HWmember, LendingLife, Mortgage, Origination, People Movers, Rocket Companies, Rocket Mortgage, Team Leaders

Tech Pulse: AI Summit delves deep on housing industry impacts

August 15, 2025 by bp56691
Read on for a rundown of speakers who shared expert insight at this past week’s HousingWire AI Summit in Dallas.
Categories AI Summit 2025, Anywhere, Artificial Intelligence, Brokerage, eXp Realty, HWmember, Mortgage, Real Estate, Rocket Companies, Rocket Mortgage, Technology, United Wholesale Mortgage

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

Trump’s assault on DEI hasn’t ended federal efforts to stop appraisal bias

June 26, 2025 by bp56691
While the Trump administration has rolled back many regulations around appraisal bias, some remain in place.
Categories Appraisals, Appraisals and Valuations, Department of Justice, Discrimination, Fair Housing, HWmember, Legal, Mortgage, Regulatory, Rocket Mortgage, Trump Administration

‘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

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
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