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Rocket CEO gets onboard Southwest Airlines as a new director

Rocket Cos. CEO Varun Krishna will be applying his finance and technology expertise in a new venture outside of the mortgage industry as he joins the board of directors at Southwest Airlines. Processing Content Southwest executives highlighted his current and past strategic leadership experience at digital and customer-centric enterprises, citing them as key strengths that […]

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Insurers ease underwriting as carriers compete for buyers again

Home insurance premium growth is slowing, as competition among providers has returned, a new industry report found. Processing Content A record 11.7% of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year and 4.9% in 2024, according to Matic’s mid-year trends report. On average, homeowners who extended coverage experienced a

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Survey shows just how reliant on subservicers lenders are

The subservicing business that acquirers have been setting their sights on depends on demand for work with third parties, which begs the question of how popular the strategy really is now. Processing Content A recent Stratmor survey shows that subservicing acquirers like Pennymac, Carrington and Rocket Mortgage are investing in a service that the majority

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