RBC Capital raised the firm’s price target on Redfin (RDFN) to $12.50 from $8 and keeps a Sector Perform rating on the shares. The firm is ...

There's a story we often tell ourselves about the American economy, particularly when we talk about trade, manufacturing, and ...

In a deal set to shake up the mortgage industry, Rocket Companies is making a "bombshell" acquisition, buying Mr. Cooper, the ...

Rocket operates in a highly cyclical industry, as a result its revenue and earnings have the potential to drop sharply due to economic factors completely out of its control. While Rocket does resell ...

The mortgage originator snatching up Redfin and Mr. Cooper for nearly $11 billion could reshape the consumer experience as a one-stop shop for purchasing a house.

Rocket’s recent acquisitions of Redfin and Mr. Cooper could pose threats to IMBs, mortgage brokers and agents alike.

On a recent episode of the HousingWire Daily podcast, James Kleimann and Sarah Wheeler unpack Rocket Companies’ acquisition of Mr. Cooper.

Rocket Cos. would funnel business through services that include real estate listings, loan origination, and the handling of loan payments.

Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed.

Earlier this month, Rocket also announced its acquisition of Redfin in an all-stock deal valued at $1.75 billion. Redfin, founded in 2004, offers over 1 million for-sale and rental listings on its ...