Rocket Companies has begun to reshape Rocket Homes, its real estate subsidiary, following the closing of its acquisition of ...

Rocket Companies returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic ...

Dan Gilbert's Rocket Companies plans to buy the Washington state-based online real estate brokerage firm Redfin, a $1.75 billion deal that would expand Rocket's presence in all things residential ...

The earnings report comes after Rocket earlier this month announced that it had closed on the purchase of real estate ...

Metro Detroit's two nationally ranked mortgage lenders had profitable spring homebuying seasons, even as some would-be buyers sat out.

Rocket Cos. (RKT) ValueAct Capital increased its stake in the mortgage lender and financial-services firm to 25,395,627 ...

The Detroit-based real estate finance company (NYSE: RKT) confirmed the layoffs to Crain’s — first reported Monday by HousingWire — saying in a statement Tuesday that the layoffs reflect the company’s ...

Redfin, founded in 2004, is one of America's most recognized real estate brands with more than 2,200 agents. Rocket provides home financing in all or parts of all 50 states.

Detroit-based Rocket’s all-stock offer values Redfin shares at $12.50, more than double their Friday closing price of $5.82. Redfin shareholders can swap each of their shares for 0.7926 shares ...

Shares of Redfin surged 70% to $9.92 on Monday, according to Barron’s. Meanwhile, Rocket’s stock dropped about 14% following the announcement. The deal is expected to close by the third quarter.

The deal values Redfin at $12.50 per share. Shares in Seattle-based Redfin soared 68.5% in morning trading to $9.81 per share, while shares in Detroit-based Rocket Cos. slumped 15%.