Rocket Mortgage

Rocket Mortgage Sees Profits Plunge In Second Quarter

Rocket Companies Says Profits For Rocket Mortgage Plunged In Second Quarter. CEO Threatens Layoffs If Things Don’t Improve Rocket Companies, the Rocket Mortgage say the mortgage company’s profits plunged in the second quarter. They claim this is due to rising interest rates and inflation. Therefore, this is  dampening consumer confidence and concerns over a possible […]

UWM Sues Mortgage Broker For Sending Loans To Rocket Mortgage

UWM Sues America’s MoneyLine For $2.8 Million For Sending Loans To Rocket Mortgage And Fairway UWM filed a lawsuit against America’s MoneyLine (AML) for $2.8 million. United Wholesale Mortgage alleges the California-based brokerage repeatedly violated their “All-In” Initiative Agreement they signed in March 2021. UWM gave brokers an ultimatum on March 15, 2021. Mat Ishbia […]

United Wholesale Mortgage

United Wholesale Mortgage Declares War On Rocket Mortgage

United Wholesale Mortgage Bars Mortgage Brokers From Doing Business With Them If They Do Business With Rocket Mortgage United Wholesale Mortgage is the top wholesale lender in the nation. Now UWM CEO Mat Ishbia is flexing his muscle. He announced on a Facebook live earlier this month that UWM will no longer partner with brokers […]

richard branson

Richard Branson And Joe Montana Jump Into The Mortgage Business

Billionaire Richard Branson and NFL Legend Joe Montana Jump Into Artificial Intelligence Mortgage Lending Billionaire Richard Branson and NFL legend Joe Montana are betting that artificial intelligence can make mortgage origination a better experience The two are among the investors in startup LoanSnap Inc. Loan Snap has raised $8 million in a Series A funding round led by True […]

Quicken Loans Super Bowl Ad

Quicken Loans Super Bowl Ad Promotes Homes As ATMs

Quicken Loans Super Bowl Ad Telling People To Use Their Home As An ATM Machine Is Drawing Fire  Quicken Loans has shell-shocked homeowners. They ran an ad for their new Rocket Mortgage product during Superbowl 50. Homeowners who are still recovering from fighting their lenders went into cold sweats and panic attacks. The ad encourages homeowners […]

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