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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.
Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.
