Rocket Mortgage

Consumer Financial Protection Bureau Sues Rocket Homes, Alleges Kickback Scheme The Consumer Financial Protection Bureau sued Rocket Homes, a division of Rocket Companies, Inc. (NYSE:RKT), on Monday in what it said is an action stop the company from providing incentives to real estate brokers and...

Financial services company Rocket Companies (NYSE:RKT) reported second-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Rocket Companies reported adjusted revenue of $1.228 billion, which beat a Street consensus estimate of $1.219 billion, according...

Rocket Companies Inc. (NYSE:RKT) on Tuesday introduced Rocket Logic, its patented AI-driven platform aimed at simplifying and expediting home ownership. The development has been undertaken by Rocket Mortgage, an America-based retail mortgage lender and a part of Rocket Companies. This platform...

Owning a home has long been a dream for many individuals and families. However, the barrier to entry, particularly the down payment, has prevented numerous aspiring homeowners from turning their dreams into reality. But now, there's good news on the horizon. A company has emerged with a...

The sale of the Phoenix Suns of the NBA was announced Tuesday. The deal marked the largest deal in league history with the NBA team and WNBA’s Phoenix Mercury valued at $4 billion. Here’s a look at the sale and the potential new NBA rivalry it could be creating. What Happened: The...

Rocket Companies Inc (NYSE: RKT) reported first-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Rocket Companies reported revenue of adjusted revenue of $1.9 billion in the first quarter, compared to revenue of $4.04 billion in the same quarter of...

Rocket Companies (NYSE: RKT) reported fourth-quarter and full-year financial results after Thursday's market close. Here are the key highlights for investors. What Happened: Rocket Companies reported adjusted revenue of $2.4 billion in the quarter, which missed a consensus estimate of $2....

Rocket Mortgage announced on Thursday that through its partnership with the PGA Tour and The Rocket Mortgage Classic, it raised more than $1.35 million in last year’s tournament. The golf tournament and its sponsors have a mission to end Detroit’s “Digital Divide...

Rocket Companies Inc (NYSE: RKT) reported third-quarter financial results after market close Thursday. Here are the highlights from the report. What Happened: Rocket Companies reported adjusted third-quarter revenue of $3.16 billion, beating a street consensus of $2.93 billion. Quarterly earnings...

In February of 2019, Forbes first announced its flagship Under 30 Summit would move to Detroit. Two years later, nearly 10,000 of the most innovative minds, across industries like fintech, technology, investing, public policy, philanthropy, and more, will attend both online and in-person Oct....

The PGA Tour and Rocket Mortgage by Rocket Companies Inc (NYSE: RKT) have extended the title sponsorship for the Rocket Mortgage Classic through 2027. What Happened: The Rocket Mortgage Classic made history in 2019 as the first-ever PGA Tour event held in the city of Detroit. The...

On Tuesday, Detroit-based Rocket Companies (NYSE: RKT), home to Quicken Loans, the largest retail mortgage lender, announced the finalists of its fifth annual entrepreneurship competition, Detroit Demo Day. What Happened: Rocket Mortgage, as part of an effort to fuel Detroit’s innovation and...

Phil Mickelson, one of the greatest golfers of all time, said Thursday he won't participate in the Rocket Mortgage Classic after this year. What Happened: An article published this week by The Detroit News reported about the time Mickelson went to court in 2007 after a Michigan bookie...

World Golf Hall of Famer Phil Mickelson, alongside championship holders Patrick Reed and Webb Simpson, has committed to playing in the third annual Rocket Mortgage Classic by Rocket Companies Inc (NYSE: RKT). The tournament will take place at the Detroit Golf Club from June 28 to July 4. What...