Apply Online
Schedule a Call

Rocket Companies

Rocket offers voluntary employee buyouts after Mr. Cooper, Redfin acquisitions

Mergers and Acquisitions, Mortgage, Mortgage and Housing Layoffs, Rocket Companies, Rocket Mortgage /

Detroit-based Rocket Companies is offering voluntary separation packages to some employees as part of its consolidation following last year’s acquisitions of Mr. Cooper Group and Redfin. “Rocket, Mr. Cooper and Redfin share a vision of a stronger, more connected homeownership platform built for long-term strength,” a Rocket spokesperson said. “As integration has progressed, we identified […]

Rocket offers voluntary employee buyouts after Mr. Cooper, Redfin acquisitions Read More »

Compass, Rocket, Redfin urge MLSs to allow seller-directed pre-marketing

Brokerage, Clear Cooperation, Compass, HWmember, MLS, MLS/Associations, National Association of Realtors, Real Estate, Redfin, Rocket Companies /

Compass International Holdings, Redfin and Rocket Companies are urging MLSs to adopt policies that support pre-marketing and phased marketing distribution and to cease penalizing or punishing agents for carrying out “seller-directed marketing plans.”  The companies, which entered into a mutually exclusive deal to publish Compass coming soon listings on Redfin in late February 2026, made

Compass, Rocket, Redfin urge MLSs to allow seller-directed pre-marketing Read More »

Exclusive: Mike Fawaz announces departure from Rocket Pro

HWmember, LendingLife, Mortgage, Mortgage Broker, People Movers, Rocket Companies, Rocket Mortgage, Team Leaders, Wholesale Lending /

Mike Fawaz said Monday that he’s departing Rocket Pro after roughly 15 years with the company and plans to announce his next steps in March. “After nearly 15 years, I have made the thoughtful decision to step away from Rocket,” Fawaz said in a statement given to HousingWire. “After significant reflection, I believe this is

Exclusive: Mike Fawaz announces departure from Rocket Pro Read More »

Redfin rolls out ChatGPT app for real estate searches

Artificial Intelligence, ChatGPT, HWmember, MLS/Associations, Real Estate, Redfin, Rocket Companies, Technology, Zillow /

Redfin, which is now owned by Rocket Companies, is following in Zillow’s footsteps and launching an app integration with OpenAI’s ChatGPT.  The company announced Friday that ChatGPT users now have access to a Redfin app within the platform that allows users to locate property listings relevant to their home search parameters and chat with the

Redfin rolls out ChatGPT app for real estate searches Read More »

Rocket, Redfin air first joint Super Bowl ad

HWmember, Marketing, Mortgage, Redfin, Rocket Companies /

Rocket Companies and Redfin on Thursday unveiled a Super Bowl commercial centered on community and the importance of neighborliness, marking the companies’ first shared national ad and Redfin’s first appearance in a Super Bowl broadcast since the company’s founding 20 years ago. The 60-second spot, titled “America Needs Neighbors Like You,” will air during the

Rocket, Redfin air first joint Super Bowl ad Read More »

Austin Niemiec to lead Rocket Pro as Dan Sogorka departs

HWmember, LendingLife, Mortgage, Origination, Rocket Companies, Rocket Mortgage, Team Leaders /

Austin Niemiec will take the helm of Rocket Pro following the departure of Dan Sogorka, according to people familiar with the transition who spoke to HousingWire. Niemiec will retain his title as chief revenue officer of Rocket Mortgage but will focus exclusively on the broker and correspondent channel through Rocket Pro. He will report to

Austin Niemiec to lead Rocket Pro as Dan Sogorka departs Read More »

Rocket RESPA lawsuit is unique but faces early legal hurdles, attorneys say

CFPB, HWmember, Lawsuit, Legal, LendingLife, Mortgage, Real Estate Settlement Procedures Act, Redfin, Rocket Companies, Rocket Mortgage /

The class-action lawsuit filed this week against Rocket Companies and its subsidiaries, which alleges violations of the Real Estate Settlement Procedures Act (RESPA), has drawn heightened attention from the mortgage industry as a wave of mergers and acquisitions accelerates the push toward vertically integrated business models. Legal experts have described the case as “unique,” saying

Rocket RESPA lawsuit is unique but faces early legal hurdles, attorneys say Read More »

Rocket CFO touts ‘all-weather’ model as mortgage market improves

Fitch Ratings, HWmember, LendingLife, Mortgage, Mr. Cooper Group, Origination, Redfin, Rocket Companies, Rocket Mortgage /

Brian Brown, chief financial officer and treasurer for Rocket Companies, expects continued improvement in the mortgage market in 2026, building on momentum that emerged in the second half of 2025. “If you look at the mortgage forecasts, it depends on which one you choose, but they’re up anywhere from 8% to 25% based on the

Rocket CFO touts ‘all-weather’ model as mortgage market improves Read More »

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

Consumer Financial Protection Bureau, Lawsuit, Legal, Mortgage, Rocket Companies, Rocket Mortgage /

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.” The suit was filed in the U.S. District Court for the Eastern District of Michigan. The plaintiffs are

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

Mortgage leaders discuss consolidation, AI at MBA convention

Artificial Intelligence, Guild Mortgage, HWmember, ICE Mortgage Technology, Mergers and Acquisitions, Mortgage, Mortgage Bankers Association, NewRez, Rocket Companies, Technology /

Navigating change and technological transformation took center stage this week at the Mortgage Bankers Association‘s annual convention in Las Vegas, where industry leaders discussed consolidation, artificial intelligence and how to keep pace with shifts across the mortgage landscape. Bill Emerson, president of Rocket Companies and moderator of the session, opened the discussion by noting that

Mortgage leaders discuss consolidation, AI at MBA convention Read More »