JDP Capital Management, an investment management company, released its “Survivor & Thriver Fund” first quarter 2025 investor ...

After President Donald Trump unveiled his aggressive global tariff regime, mortgage lender stocks have fallen dramatically.

In a deal set to shake up the mortgage industry, Rocket Companies is making a "bombshell" acquisition, buying Mr. Cooper, the ...

Rocket operates in a highly cyclical industry, as a result its revenue and earnings have the potential to drop sharply due to economic factors completely out of its control. While Rocket does resell ...

The mortgage originator snatching up Redfin and Mr. Cooper for nearly $11 billion could reshape the consumer experience as a one-stop shop for purchasing a house.

UWM and Pennymac should retain their No. 1 and 2 positions as market share leaders in purchase, he said, given Mr. Cooper's small share, and plus it will take time for the impact of adding Redfin to ...

Rocket Mortgage is set to acquire Mr. Cooper in an all-stock deal valued at $9.4 billion, soon after acquiring Redfin. The merger will handle one in six US mortgages, adding 7 million clients to ...

(AP Photo/Mark Lennihan, file) The mortgage company Rocket is buying competitor Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after acquiring real estate listing company Redfin.

Mortgage giant Rocket Cos. agreed to buy online real-estate brokerage Redfin for $1.75 billion. Worldwide, overall deal activity in the first quarter increased 3.9% from a year ago, according to LSEG.

On a pro forma basis, Monday's deal would create an originator almost, but not quite as large as United Wholesale Mortgage. UWM did $38.7 billion in origination volume in the fourth quarter. The ...