News

Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation’s largest mortgage lender with ...
The deal is expected to grow Dan Gilbert's Rocket Companies into an even bigger one-stop shop for homebuying on the national ...
The previously announced deal, valued at $1.75 billion, combines Redfin’s home search platform with Rocket’s mortgage lending ...
Rocket Companies is pushing back against accusations it is ignoring or is “bad for” its mortgage broker partners.
Rocket Companies said today it has completed its acquisition of online real estate brokerage Redfin, uniting the nation’s ...
Detroit-based Rocket (NYSE: RKT) announced Tuesday morning that it had completed its previously announced $1.75 billion ...
In March, mortgage giant Rocket Mortgage ( RKT) , a fintech platform consisting of mortgage, real estate and personal finance ...
Rocket Mortgage's acquisition of Redfin has been mischaracterized as harming competition in the mortgage lending space. The ...
There are big numbers involved: Redfin’s website attracts nearly 50 million views every month; Rocket says it handles more than 100,000 calls every day. The deal is worth nearly $1.75 billion.
But since that announcement, Rocket's share price slid from $15.77 to $12.91 as of April 30, and Redfin's shares jumped from $5.82 to $9.51. Those price movements matter, because the deal is a ...
Nevertheless, Bay Equity does significantly less business than Rocket Mortgage, or $4.5 billion in loan originations last year compared with Rocket's $101 billion, according to Redfin SEC filings.
Nevertheless, Bay Equity does significantly less business than Rocket Mortgage, or $4.5 billion in loan originations last year compared with Rocket's $101 billion, according to Redfin SEC filings.