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With the appointment, interim leader Bill Emerson will take over the role of president and chief operating officer, while Bob Walters announced his retirement.
July 31 -
The legal proceedings, which began in 2012, claim that Quicken Loans, now Rocket, inflated the appraisal value of 2,769 properties refinanced from 2004 to 2009 in West Virginia.
June 15 -
Management provided upbeat commentary both about the period and how the second quarter is progressing.
May 5 -
Jay Farner's compensation package was $9.46 million last year, almost five times larger than his yearly income in 2021.
May 1 -
In Jay Farner's last earnings call as CEO, management emphasized long-term client development efforts like the forthcoming credit card program.
February 28 -
The change comes as the battle with rival United Wholesale Mortgage reaches a fever pitch and analysts speculate that more changes at the top could be coming.
February 13 -
The announcement comes weeks after the industry giant reported a colossal drop in profit in the second quarter.
August 29 -
More cost reduction is on the way in the third quarter, but management says it will not layoff staffers, despite having some excess capacity.
August 5 -
Several lenders have introduced loan offerings this year to tap into surging property values, as refinances plunge by more than 80%.
August 1 -
From bass fishing to the Super Bowl, lenders see a large pool of consumers they can reach through athletic sponsorships.
April 15