The lender is concentrating on wholesale, consumer retention, and servicing while handing off distributed retail and preparing for more than $65 million in annual technology savings
Rocket’s expanding servicing portfolio and home-search strategy reflect broader industry focus on retention and long-term customer relationships
Ishbia outlines $1.3T outlook, pushes credit expansion and takes aim at Two Harbors leadership as wholesale model gains ground
Company sees sharp EPS miss but points to improved delinquency rates, high-yield Non-QM loan purchases
Home equity drives growth in direct-to-consumer and correspondent channels as Rocket merger planning ramps up
Chairman and CEO David Spector outlines AI roadmap as servicing portfolio nears $700B
Net income up 11% for quarter, 13% for 2024 for the GSE
Strong fourth-quarter and year-end results driven by servicing acquisitions and focus on customer experience
Newrez, Rithm's mortgage subsidiary, recorded a pre-tax income of $245.9 million.
Mr. Cooper's servicing portfolio ended the third quarter at over $1.2 trillion