Rocket Companies Inc
NYSE:RKT

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Rocket Companies Inc
NYSE:RKT
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Price: 11 USD 1.38%
Market Cap: 21.9B USD
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Rocket Companies Inc
Investor Relations

Rocket Companies Inc., the juggernaut in the mortgage sector, has seamlessly woven itself into the fabric of American home financing. Emerging from the industrial heart of Detroit, this digital platform has revolutionized how Americans approach securing their dream homes. At its core is the flagship product, Rocket Mortgage, which has spearheaded the company’s strategy to simplify and streamline the mortgage application process. By transitioning much of the mortgage process online, Rocket Mortgage has offered consumers an efficient, user-friendly alternative to traditional, paperwork-heavy procedures. Their digital-first approach not only reduces operational burdens but also accelerates approval times, making the home-buying journey less daunting for millions.

The company generates revenue primarily through the origination of loans, where they craft mortgage structures and then sell the loans to investors. This business model capitalizes on both the initial fees garnered during the loan origination process and the premiums obtained from selling the loans. Apart from these core operations, Rocket Companies has ventured into adjacent financial services, offering personal loans and even delving into real estate through Rocket Homes. Through these subsidiary ventures, the company aims at reducing its dependency on mortgage interest rates and diversifying its income streams. In doing so, Rocket Companies Inc. builds a resilient business model, positioning itself not merely as a mortgage lender but as a comprehensive financial services provider.

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Management

Mr. Daniel B. Gilbert
Founder & Chairman of the Board
No Bio Available
Mr. Varun Krishna
CEO & Director
No Bio Available
Mr. William C. Emerson
President & Director
No Bio Available
Mr. Brian Nicholas Brown
CFO & Treasurer
No Bio Available
Ms. Tina V. John J.D.
Executive Legal Counsel & Secretary
No Bio Available
Ms. Heather Lovier
Chief Operating Officer
No Bio Available
Mr. Noah Edwards
Chief Accounting Officer
No Bio Available
Mr. Shawn Malhotra
Group Chief Technology Officer
No Bio Available
Ms. Sharon Ng
Vice President of Investor Relations
No Bio Available
Mr. Jonathan Mildenhall
Chief Marketing Officer
No Bio Available

Contacts

Address
MICHIGAN
Detroit
1050 Woodward Avenue
Contacts