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The deals "cement Rocket's position as a mortgage behemoth," now that many banks have "pulled out of the business." It also fortifies the company for almost any economic environment. Servicers like Mr ...
After President Donald Trump unveiled his aggressive global tariff regime, mortgage lender stocks have fallen dramatically.
In a deal set to shake up the mortgage industry, Rocket Companies is making a "bombshell" acquisition, buying Mr. Cooper, the ...
A split decision for home equity rates in the latest week. After falling for six consecutive weeks, HELOCs rose to 8 percent.
How ‘bout some good news? Last week’s apps skyrocketed, and… Builders are sitting on a pile of unsold homes and are slashing ...
Barclays upgraded Rocket Companies (RKT) to Equal Weight from Underweight with a price target of $14, up from $10. The firm cites potential ...
Ahead of next week’s MBA Advocacy event in Washington DC, I received this note from an industry vet. “With the continued ...
With thousands of press releases published each month, it can be difficult to keep up with everything on PR Newswire. To help ...
Rocket Cos. would funnel business through services that include real estate listings, loan origination, and the handling of loan payments.
United Wholesale Mortgage (UWM) won’t be sending any more servicing deals to Mr. Cooper Group in response to Mr. Cooper’s pending $9.4 billion acquisition by archrival Rocket Mortgage.
Investing.com -- S&P Global Ratings has revised its outlook for Rocket Mortgage LLC from stable to positive, following the announcement of Rocket Companies Inc.’s planned acquisition of Mr. Cooper.
Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed.
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