News

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 ...
The earnings report comes after Rocket earlier this month announced that it had closed on the purchase of real estate ...
Rocket Cos. (RKT) ValueAct Capital increased its stake in the mortgage lender and financial-services firm to 25,395,627 ...
Metro Detroit's two nationally ranked mortgage lenders had profitable spring homebuying seasons, even as some would-be buyers sat out.
Rocket will pay $12.50 a share to acquire Redfin in an all-stock transaction. The deal, which values Redfin at $1.75 billion, is expected to close in the second or third quarter of 2025.
But whether the pending Rocket-Redfin combination would be good for homebuyers is an open question, even as executives at Dan Gilbert's Rocket Companies insist that the streamlined "end-to-end ...
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.
Rocket Companies, for its part, went public in 2020, and today has a market cap of $31 billion. The company's proposed bid of $12.50 per share represents a 63% premium over Redfin's volume ...
Shares in Redfin leapt more than 70% Monday morning after Rocket Cos. agreed to buy the online real-estate brokerage in a $1.75 billion deal. Rocket stock fell 10%. Get the details: ...
Introduce more consumers to the Rocket ecosystem: Rocket Companies will benefit from Redfin's nearly 50 million monthly visitors, 1 million active purchase and rental listings and staff of 2,200 ...
Redfin's stock (RDFN) rose 68% to $9.77 a share on Monday after Rocket (RKT) said it would pay $12.50 a share in stock for each share of Redfin. Rocket's stock fell 15% to $13.35 a share.