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Rocket Sues UWM, Claiming Breach of Contract of MSR Agreement

Rocket Sues UWM, Claiming Breach of Contract of MSR Agreement

by Phil Hall | May 14, 2026 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

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 and Compass Announce 3-Year Strategic Alliance

Rocket Companies and Compass Announce 3-Year Strategic Alliance

by Phil Hall | Feb 26, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Redfin to Run Super Bowl Ad Featuring Lady Gaga

Redfin to Run Super Bowl Ad Featuring Lady Gaga

by Phil Hall | Jan 27, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Rocket Companies (NYSE: RKT) announced that its Redfin division has teamed with Lady Gaga for its first commercial to be aired during a Super Bowl broadcast. The upcoming 60-second advertisement features the Grammy-winning star reimagining “Won’t You Be My Neighbor?”,...
Lawsuit Accuses Rocket Companies of Mortgage Steering

Lawsuit Accuses Rocket Companies of Mortgage Steering

by Phil Hall | Jan 27, 2026 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The law firm of Hagens Berman has announced a consumer class action lawsuit against Rocket Companies (NYSE: RKT) that accuses the Detroit-based financial giant of forcing its agents to steer clients into using Rocket Mortgage. The lawsuit, which was filed Jan. 26 in...
Glenn Kelman to Step Down as Redfin CEO

Glenn Kelman to Step Down as Redfin CEO

by Phil Hall | Jan 13, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Redfin CEO Glenn Kelman announced he is stepping down from his leadership role, six months after his company was acquired by Rocket Companies (NYSE: RKT). In a post on LinkedIn, Kelman wrote, “It’s just hard to go because I love Redfin. The billion dollars in...
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