by | Aug 26, 2025 | Industry News, Latest News, Lead Story, National, News, Premier |
The Federal Housing Finance Agency (FHFA) has announced its allowance for Fannie Mae and Freddie Mac to approve Rocket Companies’ acquisition of Mr. Cooper, adding a stipulation that the merger is “subject to appropriate conditions.” The approval comes after what the...
by | Aug 21, 2025 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Bill Emerson, president of Rocket Companies who served as the mortgage giant’s CEO for 16 years, is retiring, according to a regulatory filing yesterday. Emerson will officially step away at the end of this year, as Rocket continues an M&A spree led by CEO...
by | Aug 6, 2025 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
A federal judge is allowing a class-action lawsuit against mortgage mega-servicer Mr. Cooper—currently in the process of being acquired by Rocket—to move forward in part, ruling that the company must face claims of breach of contract and negligence from customers over...
by | May 9, 2025 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Rocket Companies, ahead of the completed acquisition of Mr. Cooper and the deal to purchase Redfin, continued to see high revenues and other success in its recent Q1 2025 earnings call. The company reported a Q1 adjusted revenue of $1.3 billion, which executives said...
by | May 7, 2025 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
The Redfin and Rocket $1.7 billion acquisition, expected to close in the next two quarters, just had more drama added to the potential power shift in the “portal wars.” Redfin investor Bruce Miller is suing the company, along with its board, in New York state court,...