Rocket Pro launched a new broker rewards program Tuesday that ties benefits to both production and loan performance, while extending its Compass pricing credit through the end of 2026 at 20 basis points. The program, called Orbit, is live nationwide for Rocket Pro...
HouseCanary has filed for Chapter 11 bankruptcy protection in New Jersey as the property-data company tries to preserve its business and pursue a potential recovery of more than $260 million from affiliates of Rocket Mortgage. House Canary New Jersey Inc. and several...
Rocket Companies announced a new CEO for Redfin on Monday morning. Normally, I would consider that an executive personnel story and move on. This one caught my attention because of who Rocket hired and, more importantly, what Rocket said it wants him to do. Alessio...
Rocket Companies (NYSE: RKT) has reached outside of the real estate industry to hire tech executive Alessio Sanfilippo as CEO of Redfin, effective today. He succeeds Glenn Kelman, who stepped down in January six months after Rocket acquired the Seattle brokerage for...
The Federal Trade Commission (FTC) has announced a settlement to resolve its antitrust litigation against Zillow Group (NASDAQ: Z, ZG) and Redfin, a division of Rocket Companies (NYSE: RKT), over their $100 million rental housing agreement. Last October, the FTC and...