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Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,
Rocket adds same-business-day conditional approvals and a 12-business-day clear-to-close commitment on conventional purchase loans
Rocket Mortgage found first-time buyers typically put down 5% in some markets and about 30% in others
Phase 2 of Rocket Pro’s integration lets brokers submit loan files and receive real-time status updates inside ARIVE
Rocket says the updated scoring model incorporates rent, utility, and telecom payment history to create a more inclusive view of creditworthiness
Rocket claims UWM sold Mr. Cooper servicing rights, then allegedly used broker incentives and refi tools to target the same borrowers