Tag: Rocket Mortgage Buyouts

Is Dan Gilbert Putting Rocket Mortgage On The Auction Block?

Is Dan Gilbert Planning On Selling Rocket Mortgage Amid Plummeting Originations, Layoffs And Talks Of “Industry Consolidations”? There is no doubt that the past year was horrible for Dan Gilbert and Rocket Mortgage. The company saw profits plummet faster than contestants on a Japanese game show. Seriously, Rocket Mortgage has seen their profits plummet 90%…

By Steve
3 min read

Rocket Mortgage Is Struggling Being Competitive And Relevant

Rocket Mortgage Is Struggling To Remain Competitive And Relevant In A Changing Lending Landscape Without Dan Gilbert At  The Helm Rocket Mortgage is struggling for the first time in it’s history. The company is struggling not only to remain competitive but relevant. This is due to two factors. The first is founder and owner Dan…

By Steve
3 min read

Rocket Mortgage Extends Voluntary Buyout Offers

Rocket Mortgage Extends Voluntary Buyouts To Small Number Of Team Members Rocket Mortgage extends it’s the second wave of “voluntary career transition” offers to employees. The company is expecting a drastic reduction in origination volume in the third quarter.  The company says the buyout offer is a “completely optional plan.” The extended buyout off is…

By Steve
2 min read