Rocket Cos. came oh-so-close to reclaiming the top spot among mortgage originators in the first quarter. Processing Content The company, which acquired Redfin and Mr. Cooper last year, had closed loan volume of $44.7 billion. Its Detroit rival, United Wholesale Mortgage, ended the period with $44.9 billion. Pennymac trailed with $37 billion. But when asked […]
Rocket nearly tops UWM with $44.7B in recapture-driven volume Read More »
eXp Commercial announced that Mario Alvarez Jr. has joined the firm. Alvarez brings more than 20 years of experience in commercial real estate and more than $1 billion in career gross transaction volume, according to the company. He is based in southern California and is active across the Inland Empire, San Gabriel Valley, Coachella Valley
Mario Alvarez Jr. brings $1B+ track record to eXp Commercial Read More »
Rocket Companies reported its most profitable quarter in four years as artificial intelligence initiatives, a larger servicing portfolio and recent acquisitions helped the Detroit-based firm grow market share despite a choppy mortgage backdrop. The Detroit-based company reported net revenue of $2.94 billion for the quarter ending March 31, up from $1.1 billion in the same
Rocket beats earnings guidance with strongest quarterly profit in four years Read More »