Rocket Companies has hired Thomson Reuters veteran Shawn Malhotra as its first chief technology officer (CTO). In this newly created role, Malhotra will oversee the development and implementation of artificial intelligence (AI), data science, product engineering, technology operations, information security and other areas across the firm’s ecosystem, Rocket Companies said in a...
Despite the proliferation of digital innovations transforming various sectors, the real estate market has remained largely reliant on traditional payment methods, with cash transactions dominating the landscape. Recent data from ATTOM, a curator of real estate and property data, shows that in 2023, an average...
Banks and credit unions (CUs) want to advance their digital strategies and offer new conveniences to customers but may be wary of the cost of implementation or subscriptions. That’s the challenge mortgage lender Rocket Mortgage and digital transformation solution provider Q2 Holdings are solving with...
When the parent of Rocket Mortgage announced late last month it was spending roughly $1.3 billion in cash to purchase the personal finance site Truebill and its 2.5 million users, it was touted as a way to accelerate Rockets’ vision to “help clients in complex moments”...
January 04, 2022
When the parent of Rocket Mortgage announced late last month it was spending roughly $1.3 billion in cash to purchase the personal finance site Truebill and its 2.5 million users, it was touted as a way to accelerate Rockets’ vision to “help clients in complex moments” while also giving it control of a rapidly growing player […]
December 23, 2024
Rocket Homes said Monday (Dec. 23) that it “will not rest” until it sees the dismissal of Consumer Financial Protection Bureau (CFPB) allegations that were announced Monday. The CFPB sued Rocket Homes, Jason Mitchell and Mitchell’s real estate brokerage firm, which does business as the Jason Mitchell Group, alleging they each played a role in an illegal kickback […]
May 06, 2024
Rocket Companies has hired Thomson Reuters veteran Shawn Malhotra as its first chief technology officer (CTO). In this newly created role, Malhotra will oversee the development and implementation of artificial intelligence (AI), data science, product...
August 11, 2022
Banks and credit unions (CUs) want to advance their digital strategies and offer new conveniences to customers but may be wary of the cost of implementation or subscriptions. That’s the...
August 06, 2020
It appears that billionaire Daniel Gilbert, the 58-year-old founder of Quicken Loans and Rocket Mortgage, made the right call when he trimmed the size of the company’s initial public offering (IPO) by...
