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Rocket Companies posts $233 million net loss in Q4 | National Mortgage News

Rocket Companies posts $233 million net loss in Q4 | National Mortgage News
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Rocket Back In The Black After Boosting Purchase Market Share

Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages. ....

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Rocket ends tough 2022 with big quarterly loss

Following a rough year for the company and broader mortgage sector, Dan Gilbert's Rocket Companies Inc. closed out 2022 with a quarterly loss of nearly $500 million.

Long the largest mortgage lender in the country, Detroit-based Rocket lost that crown to rival United Wholesale Mortgage in… ....

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