Major Mortgage Lenders Adjust Financing Deals
loanDepot switches from Credit Suisse, UWM adds $500M facility.
Tagged: Rocket Companies
Even Without Layoffs, UWM Has Cut 30% Of Its Staff
Nation's leader in origination volume has reduced its staff by 2,600 since 2021; Rocket Cos. has cut 29%
Rocket Companies Posts Its 1st Quarterly Loss
Jay Farner, outgoing CEO, says company is focused on growth in the purchase mortgage market.
Rocket Analysts Confused Over Farner’s Retirement
Timing of announcement, combined with other C-Suite changes, raises questions.
Jay Farner Out As Rocket Companies CEO On June 1
Rocket Holdings Vice Chairman Bill Emerson will serve as interim CEO during search for new leader.
Rocket CFO Predicts First-Time Buyers Will Drive Market In 2023
Says they will benefit from an estimated 5% drop in sale prices.