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“However, the figure was still the second-highest sales pace since March 2021,” he noted. “Consistent with recent data on existing home sales, we believe many buyers may have rushed to make their purchases around the turn of the year to get…
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Despite the fall, Rocket Mortgage saw its closed loan origination volume skyrocket to $351.2 billion in 2021, up from $320.2 billion in 2020. In addition, the company said that 2021 represented its strongest purchase closed loan volume in…
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The company’s mortgage servicing segment, on the other hand, generated a contribution margin of $186 million in 2021, up from $147 million in 2020. Revenue in the servicing segment also increased year over year, up from $199 million to $371…
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