Despite Losses, Rocket's Origination Volume Jumps 28% In Q3
Rocket generated $29.8 billion in net rate lock volume during Q3, a 43% increase over last year
Rocket generated $29.8 billion in net rate lock volume during Q3, a 43% increase over last year
UWM CEO Ishbia says the declining fair value of MSRs had an impact
Lender-affiliate Arc Home reported $681.6 million in originations in Q3.
Lower rates usher in more purchase and refinance activity
Better's Q2 2024 revenue was approximately $31 million, an increase of 41% from Q1 2024.
CEO Krishna looks to capitalize on consolidation in this "winner-takes-all market"
UWM Chairman and CEO Mat Ishbia optimistic despite financial setback, cites operational profitability and broker dominance.
For a second quarter in a row where Rocket was able to make a narrow profit, despite market constraints.