2027 Investors Marketing 
Housing Wire
NOVEMBER 4, 2024
Rocket told investors in September that by 2027 it aims to double its current market share in purchase mortgages to 8% from the current 4%, and its refinance share to 20% from 12%. By channel, Rocket reported $13 billion in closed loans in the second quarter via its direct-to-consumer channel and $11.3
Housing Wire
SEPTEMBER 10, 2024
Rocket Companies , the parent of Rocket Mortgage , has set ambitious goals to increase market share by 2027 using its multichannel reach, its origination and servicing flywheel, and its advanced technology platform. Rocket originated $42.3 billion in volume during these six months, trailing only United Wholesale Mortgage ($60.7
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Housing Wire
JUNE 11, 2024
But they are making efforts; it is a very difficult market and they continue to cut costs and narrow their losses,” Kornfeld said. Between now and the end of 2027, I think most market participants expect conditions to improve.” due in 2025 for newly senior secured notes due on Nov.
Housing Wire
MARCH 20, 2025
“ It won’t do much now because their market shares are relatively small, but in a couple years they’re going to have a wall of scalps,” said one attendee. After the deal was announced, CEO Varun Krishna told investors that he expects a lift in purchase mortgage growth after the deal closes.
Housing Wire
JUNE 20, 2024
million in senior notes due in the fourth quarter of 2025, resulting in new debt with a higher interest rate and a shorter maturity period than usually seen in the market for similar companies. Investors representing 96% of the old notes tendered and accepted the transaction.
Housing Wire
JUNE 18, 2024
It can also repay indebtedness, such as a subsidiary’s 5.75% exchangeable senior notes due in 2025 and Redwood’s 7.75% convertible senior notes due in 2027. Mr. Cooper issued senior notes to qualified investors in January that will mature in 2032 and bear interest at 7.125% per year. loanDepot plans to extend its $497.8
Housing Wire
SEPTEMBER 17, 2024
Industry-leading reverse mortgage lender Finance of America (FOA) on Tuesday announced updates and new details for a previously announced exchange offer , which would swap current investor bonds due in 2025 with new bonds due one to four years later. 25, when the deal is set to expire, the company said.
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