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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 ...
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.
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 ...
Mortgage company Rocket is buying rival Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after buying real estate listing company Redfin.
Rocket Mortgage and Redfin are powerful brands and Dan Gilbert's company insists a streamlined process they plan to create would simplify homebuying.
Mortgage company Rocket is acquiring Texas-based Mr. Cooper in an all-stock deal valued at $9.4 billion, the parties ...
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