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.
“Mortgage brokers play a critical role in the homebuying process and are a vital part of helping millions of clients reach their dreams,” said Heather Lovier, Chief Operating Officer of Rocket Companies. “There has not been truly significant evolution in this space for decades. Dan comes to Rocket with a proven track record of success with both large tech companies and scrappy start-ups, paired with an appetite to revolutionize the broker space by leveraging Rocket’s quickly expanding data, technology and AI capabilities.”
Sogorka will lead during a pivotal time in the home finance industry, where nearly one in five home loans is facilitated by a mortgage broker. As one of the largest lenders in this space, Rocket aims to empower its broker partners with leading technology, streamlined processes, and competitive pricing.
“I’ve spent decades leveraging technology to simplify the complex home financing process. Now, I’m eager to tap into that skillset to bring the broker community into the future,” said Sogorka. “With mortgage brokers being such a large part of the market, my role will be to supercharge brokers to educate, engage and help their clients be successful homebuyers and owners.”
Sogorka previously served as CEO and president of fintech company Sagent and was also CEO of Cloudvirga. He held a significant position at Black Knight for nearly 15 years.
“This is an exciting milestone for Rocket and deeply strengthens our commitment to brokers for the long term,” said Varun Krishna, CEO of Rocket Companies. “After getting to know Dan and the wealth of experience he brings to Rocket, I’m confident he will accelerate our strategy and impact.”
Rocket recently announced "Welcome Home RateBreak," an exclusive temporary buydown program paid for by the company.