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...
The Rocket Mortgage division of Rocket Companies (NYSE: RKT) has filed a lawsuit against United Wholesale Mortgage (NYSE: UWMC) claiming it breached the non-solicitation agreements linked to the sale of mortgage-servicing rights (MSR) to Nationstar Mortgage Group,...
Rocket Companies (NYSE: RKT) and Compass Inc. (NYSE: COMP) announced a three-year strategic alliance designed to expand home listings. As part of this alliance, Compass’ “Coming Soon” listings will appear immediately on Rocket’s Redfin platform, with “Private...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
