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Cobb Commissioners Approve $23M Federal Grant For Rent Relief

Cobb Commissioners Approve $23M Federal Grant For Rent Relief
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Rocket Companies Experiences Explosive Growth, Revenue Increases 144% year-over-year to $4.7 Billion in Fourth Quarter, Company Announces Special Dividend of $1.11 per Class A Share of Common Stock

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. ....

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Rocket Mortgage and HomeFree-USA Expand Partnership — RISMedia

Rocket Mortgage and Black-founded HomeFree-USA recently announced an expansion of their ongoing partnership, which will continue financial education and career preparation through HomeFree-USA’s flagship education initiative, The Center for Financial Advancement® (CFA), at six historically Black colleges and universities (HBCUs). Through this partnership Rocket Mortgage is developing a pipeline to bring diverse new talent to Rocket Mortgage and […] ....

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COVID-19 Update: Rocket Mortgage and HomeFree-USA Expand Black College Programming, 1918 Influenza History Offers Warning for Future Virus Reemergence, and More

COVID-19 Update: Rocket Mortgage and HomeFree-USA Expand Black College Programming, 1918 Influenza History Offers Warning for Future Virus Reemergence, and More
Here is a roundup of the latest news concerning the COVID-19 pandemic in addition to announcements from local, state, and federal governments, as well as international channels. To share a business or nonprofit story, please send us a message.
Courtesy of Bridge
Here is a roundup of the latest news concerning the COVID-19 pandemic in addition to announcements from local, state, and federal governments, as well as international channels. To share a business or nonprofit story, please send us a message. ....

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Detroit-Based Rocket Mortgage Pledges To Hire 10% Of Interns From HBCUs

"This expanded partnership will provide Black and other students of color with financial education programming and training." ....

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