News

HousingWire1d

Rocket returns to profitability in Q2, yields early benefits from Redfin deal

Rocket Companies returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic ...

Rocket slashes workforce after Redfin deal

Rocket Companies laid off approximately 2 percent of its workforce after finalizing its $1.75 billion acquisition of Redfin, ...
National Mortgage Professional1d

Rocket Mortgage Loan Volume Climbs In Q2, But Profits Slide

Rocket Companies reported second-quarter results Thursday afternoon showing strong mortgage loan production despite a ...
HousingWire11d

Rocket lays off 2% of workforce after closing Redfin acquisition

Rocket Companies confirmed a company-wide layoff on Friday, just weeks after completing its $1.75 billion acquisition of real ...

Redfin Integrates CubiCasa Floor Plans to Enhance Home Search

Redfin, the technology-powered real estate brokerage and part of Rocket Companies (NYSE: RKT), has partnered with CubiCasa to ...
National Mortgage Professional10d

Rocket Companies Cuts 2% Of Its Workforce

Detroit-based fintech platform and top mortgage lender Rocket Companies confirmed that it trimmed roughly 2% of its workforce ...
Crain's Detroit Business10d

Rocket Companies trims workforce following $1.75B Redfin acquisition

The Detroit-based real estate finance company (NYSE: RKT) confirmed the layoffs to Crain’s — first reported Monday by ...
Hawk Central4mon

Pending Rocket-Redfin deal: What it means for mortgages, consumers

Redfin's brokerage ranked No. 7 in the U.S. in 2023 by sales volume, according to the RealTrends Verified Brokerage Rankings. Yet it captured just 0.76% industry market share, according to ...

Rocket Companies outlines Q3 adjusted revenue guidance of $1.6B–$1.75B while integrating Redfin and Mr. Cooper

Q2 2025 Management View CEO Varun Krishna highlighted "outstanding second quarter performance," noting adjusted revenue of $1.34 billion, which was above the high end of guidance. Krishna reported a ...