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Referral networks' disparate impacts on display in third redlining settlement with a nonbank mortgage lender
Rocket remains defiant, calling the allegations ‘false and a distortion of reality’
At the Goldman Sachs conference, Rocket's CFO says it’s got largest pipeline of people wanting to buy homes
Rocket seeks dismissal of the DOJ's October lawsuit alleging the lender committed racial appraisal bias.
Rocket generated $29.8 billion in net rate lock volume during Q3, a 43% increase over last year
Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.