In 2021, Rocket Mortgage changed its name to make the Rocket branding more consistent with its sister companies, which include Rocket Homes and Rocket Loans. Supplementing its primary home loans and mortgage, refinance, and homebuying services, the company offers mortgage calculators, fixed-rate mortgages, adjustable-rate mortgages, and FHA and VA loans. Its customers are able to choose the mortgage that fits their needs, locate their loan’s status at any time, and save time via a fast, online process that gives them the ability to manage loans and mortgages from their phones. Rocket Mortgage firmly believes simplicity makes everyone’s lives better and applies that philosophy to the mortgage-lending process. From 2013 to 2017, the company closed $400 billion of mortgage volume across all 50 states. Distinguished as a Best Place to Work in IT by Computerworld magazine for multiple consecutive years, Rocket Mortgage has offered full-time, hybrid to 100% remote jobs in the past.įounded in 1985, Rocket Mortgage is headquartered in Detroit, Michigan. Team members are given access to Rocket Academy, which consists of 200+ fully funded education programs, including undergraduate and graduate degrees. Driven by values of purpose, teamwork, innovation, and a deep love for the spirit of Detroit, Michigan, team members are always rewarded at Rocket Mortgage through benefits and more. Formerly known as Quicken Loans, the company relies on wholesale funding to make loans and uses online applications instead of a branch system, unlike other mortgage lenders that rely on deposits. Interested in applying for a personal loan Learn more about Rocket Loans and what information we need from those completing our loan application. Rocket Mortgage is the largest overall retail lender in the United States. (NOTE: This story has been updated with a comment from a Rocket spokesperson.Researched & Written by Katie Shepherd on the FlexJobs Team 2022-0116.įor Christopher Vargoshe: Lee Squitieri of Squitieri & Fearon, James Notis and Jennifer Sarnelli of Gardy & Notis, and Fletcher Moore and Justin Kuehn of Moore Kuehnįor Rocket and Gilbert: Not immediately available The shareholder's attorneys and Sullivan & Cromwell attorneys representing Gilbert and Rocket in the Michigan federal case did not immediately respond to requests for comment. Rocket spokesman Aaron Emerson said in a statement on Tuesday that the claim that Gilbert traded using non-public information was “absolutely preposterous" and any legal matters based on those claims are "completely frivolous and without merit."Įmerson said the company and its leadership have been "forthcoming and transparent in all releases, disclosures and statements." The investor said that Gilbert should compensate the company for any damage brought by the alleged misconduct and pay back potential insider trading profits.Ī Detroit pension fund and a family trust previously sued Gilbert in Delaware over the stock sale last year, court records show. Apply Online Our streamlined application syncs with your bank to get you accurate numbers, fast. The investor suing on Monday also alleged that the company’s officers and press releases made false and misleading statements about Rocket's financial performance and businesses leading up to the share sale. Convenient online access makes it easy to achieve your financial and homeownership goals.
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