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During the fourth quarter of 2020, Rocket Companies:
Grew total revenue, net, for Rocket Companies to $4.7 billion from $1.9 billion in Q4 2019 and Adjusted Revenue to $4.8 billion from $1.8 billion in Q4 2019.
Grew net income to $2.8 billion from $0.8 billion in Q4 2019 and Adjusted Net Income to $2.3 billion from $0.5 billion in Q4 2019.
Generated record closed loan origination volume of $107.2 billion and net rate lock volume of $96.0 billion in the fourth quarter of 2020, which represented improvements of 111% and 119%, respectively, as compared to the fourth quarter of 2019.
Increased gain on sale margin by 100 basis points year-over-year to 4.41%.
Rocket Auto, our automotive retail marketplace, facilitated the sale of 9,400 auto units, up more than 2,000 units as compared to fourth quarter of 2019.
Chicago alderman bought a summer home in New Buffalo, Michigan, with an unrecorded loan from Washington Federal Bank for Savings and now is under investigation for claiming deductions on his tax returns for interest authorities found he never paid, sources tell the Sun-Times.
Kelly Loeffler s husband simply won t say what came of the SEC s insider trading investigation
Soon-to-be-ex-senator says DOJ and Senate cleared her, but her husband won t say what became of SEC trading probe
January 6, 2021 5:47PM (UTC)
U.S. Sen. Kelly Loeffler (R-GA) and her husband Jeff Sprecher wait for the beginning of a ceremonial swearing-in at the Old Senate Chamber of the U.S. Capitol January 6, 2020 in Washington, DC. Sen. Loeffler was appointed to the seat to succeed former Sen. Johnny Isakson (R-GA), who resigned for health reasons. (Alex Wong/Getty Images)