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Rocket Companies and Compass Announce 3-Year Strategic Alliance

Rocket Companies and Compass Announce 3-Year Strategic Alliance

by Phil Hall | Feb 26, 2026 | Mortgage Information, News/Current Events, 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...
Glenn Kelman to Step Down as Redfin CEO

Glenn Kelman to Step Down as Redfin CEO

by Phil Hall | Jan 13, 2026 | News/Current 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...
Rocket Companies Completes Acquisition of Redfin

Rocket Companies Completes Acquisition of Redfin

by Phil Hall | Jul 1, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT), has completed its $1.75 billion acquisition of Redfin. With the closure of the acquisition, Redfin has adopted a new brand identity as “Redfin Powered by Rocket.” The companies also introduced Rocket Preferred...
Rocket Companies Acquires Mr. Cooper for $9.4 Billion

Rocket Companies Acquires Mr. Cooper for $9.4 Billion

by Phil Hall | Mar 31, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) has announced its acquisition of the Dallas-based mortgage servicing and origination leader Mr. Cooper Group Inc. (NASDAQ: COOP) in an all-stock transaction for $9.4 billion in equity value. According to the...
Rocket Companies Completes Acquisition of Redfin

Rocket Companies Acquires Redfin for $1.75 Billion

by Phil Hall | Mar 10, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) has announced its acquisition of the Seattle-headquartered brokerage Redfin (NASDAQ: RDFN) for $1.75 billion, or $12.50 per Redfin share. “Rocket and Redfin have a unified vision of a better way to buy and sell...
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