Rocket Companies has announced the appointment of Papanii Okai as Executive Vice President of Product Engineering. Okai, previously Chief Technology Officer at Venmo and a former executive at PayPal, assumes his new role effective October 7. In this position, he will collaborate with senior technology leaders to develop AI-driven products.
Rocket Mortgage and Annaly Capital Management, Inc. have announced a new subservicing agreement. Under this partnership, Rocket Mortgage will manage servicing and recapture activities for a portion of the mortgage servicing rights held by Annaly.
DETROIT, September 3, 2024 – Rocket Companies (NYSE: RKT) has announced the appointment of Dan Sogorka as General Manager of Rocket Pro Third Party Origination (TPO), effective immediately. In this newly created role, Sogorka will be responsible for the end-to-end vision and growth of Rocket’s broker business. He plans to leverage Rocket Mortgage’s AI technologies to enhance tools available to mortgage brokers.
DETROIT, August 26, 2024 – Rocket Mortgage, the nation's largest mortgage lender and a part of Rocket Companies (NYSE: RKT), introduced “Welcome Home RateBreak,” a lender-paid 2-1 temporary buydown program. This initiative allows buyers to benefit from a mortgage rate reduced by two percentage points in the first year and one percentage point in the second year before reverting to the note rate in the third year.
DETROIT, August 6, 2024 – Rocket Mortgage, the nation’s largest retail mortgage lender and part of Rocket Companies (NYSE: RKT), announced the launch of the Rocket Comedy Tour in partnership with comedian, writer, and director Mike Young. The 25-stop nationwide tour will feature headlining acts alongside Young in intimate theaters across the country, starting in Phoenix on October 11, 2024.
Rocket Mortgage, the largest retail mortgage lender in the United States and a part of Rocket Companies (NYSE: RKT), has been ranked #1 in client satisfaction by J.D. Power in mortgage servicing for the 10th consecutive year. This marks the 22nd J.D. Power award received by Rocket Mortgage, which includes 12 top rankings for mortgage origination.
Rocket Mortgage, in collaboration with Rock Entertainment Group and Topnotch Management, has announced a two-year agreement to become the presenting partner of Tennis in the Land. The Women’s Tennis Association (WTA) 250 tournament, scheduled for August 17-24, 2024, in Cleveland’s Flats West Bank, will now be known as “Tennis in The Land powered by Rocket Mortgage.”
The Rocket Mortgage Classic has announced a partnership with Jeep® as the Proud Partner of Detroit Community Days. This event, returning for its third consecutive year, will offer complimentary admission and parking for fans on June 25 and June 26.
Rocket Companies announced the appointment of Shawn Malhotra as its Chief Technology Officer, effective May 6, 2024. In this role, Malhotra will oversee the development and implementation of technology across the company's ecosystem, with a focus on Artificial Intelligence (AI) development, Data Science, Product Engineering, Technology Operations, and Information Security.Rocket Companies' CEO, Varun Krishna, expressed confidence in Malhotra's abilities, stating, "Shawn brings a wealth of expertise and a transformative vision to our technology teams. As we double down on...
Tickets for the 2024 Rocket Mortgage Classic are now available for purchase, offering fans the opportunity to witness world-class golf at the Detroit Golf Club from June 25-30. According to Varun Krishna, CEO of Rocket Mortgage, the event is not just a golf tournament but a celebration of community, innovation, and competition. Krishna highlighted the impact of the tournament on Detroit through the "Changing the Course" initiative, stating, "We’ve made tremendous strides over the last five years and are thrilled to continue impacting the outcome in our city."Defending...