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Real estate: Rocket's plan to remake homebuying

Summary by The Week

Rocket wants to become a one-stop shop for the American homebuyer, said Paige Smith in Bloomberg. In the span of just three weeks, the Detroit-based mortgage lender "has thrown around $11 billion in a bid to reshape the way Americans buy, sell, and finance their homes." It first agreed to purchase the brokerage and online home-search platform Redfin for $1.75 billion. It followed that with a $9.4 billion deal to acquire Mr. Cooper, America's lar…

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Real estate: Rocket's plan to remake homebuying

Rocket wants to become a one-stop shop for the American homebuyer, said Paige Smith in Bloomberg. In the span of just three weeks, the Detroit-based mortgage lender "has thrown around $11 billion in a bid to reshape the way Americans buy, sell, and finance their homes." It first agreed to purchase the brokerage and online home-search platform Redfin for $1.75 billion. It followed that with a $9.4 billion deal to acquire Mr. Cooper, America's lar…

29 days ago·Washington, United States

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The Week broke the news in Washington, United States 29 days ago on Thursday, April 17, 2025.

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