Thursday, June 24, 2021

 

Rocket Companies Inc RKT

Morningstar Growth Grade = A
Projected Annual Return = 16.6%
June 24, 2021 price = $19.91

Company Profile

Business Description

Rocket Companies Inc is a Detroit-based company helping its clients achieve the American dream of home ownership and financial freedom. Its flagship business, Rocket Mortgage offers government sponsored enterprises (GSE)-conforming and government insured mortgage loan products, which are marketed in all states through the internet, national television and other marketing channels. In addition to mortgage business, it has expanded into complementary industries, such as real estate, personal lending, and auto sales. The mortgage origination business derives revenue from originating, processing, underwriting, and servicing predominantly GSE-conforming mortgage loans, along with FHA, USDA and VA mortgage loans, which are pooled and sold to the secondary market.

Contact
1050 Woodward Avenue
DetroitMI48226
+1 313 373-7990
SectorFinancial Services
IndustryMortgage Finance
Most Recent EarningsMar 31, 2021
Fiscal Year EndDec 31, 2021
Stock Type

No comments:

Post a Comment