News

Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation’s largest mortgage lender with ...
The deal is expected to grow Dan Gilbert's Rocket Companies into an even bigger one-stop shop for homebuying on the national ...
Rocket Companies (NYSE: RKT), the Detroit-based homeownership platform, today announced it has completed its acquisition of ...
Rocket Companies said today it has completed its acquisition of online real estate brokerage Redfin, uniting the nation’s ...
Detroit-based Rocket (NYSE: RKT) announced Tuesday morning that it had completed its previously announced $1.75 billion ...
Detroit-based homeownership platform Rocket Cos. has completed its acquisition of Redfin in Seattle, bringing the ...
The firm is incentivizing the cross-selling of its services by offering a lower interest rate for one year for borrowers who ...
Buyers who use Rocket for financing and buy a Redfin-listed home or work with a Redfin agent can get a one-percentage-point ...
Rocket’s acquisitions of Redfin and Mr. Cooper signal a push to streamline homebuying under one platform, raising questions ...
But since that announcement, Rocket's share price slid from $15.77 to $12.91 as of April 30, and Redfin's shares jumped from $5.82 to $9.51. Those price movements matter, because the deal is a ...
Nevertheless, Bay Equity does significantly less business than Rocket Mortgage, or $4.5 billion in loan originations last year compared with Rocket's $101 billion, according to Redfin SEC filings.
The previously announced deal, valued at $1.75 billion, combines Redfin’s home search platform with Rocket’s mortgage lending ...