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The Latest Breaking News from Rocket Mortgage

The Fed's man-made housing market recession hit so hard that 4 real estate titans just lost their Fortune 500 status

Rocket Companies and Zillow just fell out of the Fortune 500. Here's why.

Fortune · Jun 6, 2023

Alexis Leondis: How to pay for a renovation if you can’t afford to move

About two-thirds of homeowners with mortgages are sitting pretty with a rate below 4% — and feeling stuck. With rates almost double where they were last year, housing inventory stubbornly low, and prices still high, they can’t afford to move.

Tribune News Service · Feb 6, 2023

Two senior Rocket executives to retire; replacements named

DETROIT — Rocket Companies on Monday announced the retirements of two senior executives.

Tribune News Service · Oct 3, 2022

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Avoid these common real estate scams

From buying to renting to selling, real estate scams can target landlords and local residents in many situations. It’s a criminal practice that can seriously damage your wallet, credit and peace of mind.

Tribune News Service · Sep 29, 2022

Rocket Mortgage offers buyouts again as home loan market shrinks

Detroit-based Rocket Mortgage said Friday it has offered a second round of voluntary buyouts to a small percentage of its employees.

Tribune News Service · Aug 27, 2022

Tony Paul: Controversial LIV golf tour doesn't dim Rocket's glare this weekend

DETROIT — On the grounds of Detroit Golf Club this week, there was precisely one reminder that there is a rival golf tour these days. When you walked through the opening gates to attend the Rocket Mortgage Classic, you were greeted by the "Wall of Champions" — Nate Lashley in…

Tribune News Service · Aug 1, 2022

President of the Detroit Golf Club says Rocket Mortgage Classic thriving despite LIV Golf rise

Six of the top-30 players in the world teed it up this week in Detroit.

USA Today Sports Media Group · Jul 30, 2022

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Rocket Mortgage Classic: What’s in a name? How Cameron Davis became Cam

On the PGA Tour, it is almost a weekly battle to be low-Cam or Cameron in the field

USA Today Sports Media Group · Jul 27, 2022

‘We are the best tour’: Will Zalatoris believes when the dust settles, the PGA Tour will be just fine

"I think that we just need to let the dust settle if you will and we'll be just fine."

USA Today Sports Media Group · Jul 26, 2022

2022 Rocket Mortgage Classic odds, field notes, best bets and picks to win

Is this the week Cameron Young can break through for his first win?

USA Today Sports Media Group · Jul 26, 2022

Wyatt Worthington II wins The John Shippen to earn Rocket Mortgage Classic exemption

A big comeback gave this PGA Club Pro a spot in this week's Rocket Mortgage Classic.

USA Today Sports Media Group · Jul 25, 2022

Rocket Mortgage Classic field announced; PGA Tour has stronger field to match up against LIV

The Rocket Mortgage Classic will feature six of the top 30 players in the OWGR.

USA Today Sports Media Group · Jul 23, 2022

Tony Paul: Rocket Mortgage Classic field is nearly set, lacks a huge star — for now

DETROIT — For the inaugural Rocket Mortgage Classic, they got Dustin Johnson, who paused his hobnobbing at Kid Rock's place long enough to blow a tee shot out of bounds late in his round to miss the cut in 2019. The next year, there was Bryson DeChambeau, who turned Detroit…

Tribune News Service · Jul 21, 2022

This Aussie is thankful on July 4th — for American crowds, good golf, and the anniversary of his lone PGA Tour win

“It was the Fourth of July ... it wasn't like I felt like everyone was judgmental."

USA Today Sports Media Group · Jul 4, 2022

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Benzinga · Jun 28, 2022

Rocket Mortgage Classic Announces Big-Name Additions Ahead Of Tournament

The Rocket Mortgage Classic, a PGA tournament held at the Detroit Golf Club, is heading into its fourth year. This year, the number 7-ranked player in the world, Patrick Cantlay, will be teeing it up in Detroit. In addition to Cantlay, Adam Scott, the 2013 Masters Champion, will play in…

Tribune News Service · Jun 27, 2022

LIV Golf not hindering Rocket Mortgage Classic from recruiting another strong field

DETROIT — The Rocket Mortgage Classic will be the only golf game in town.

Tribune News Service · Jun 9, 2022

Rocket Mortgage cuts ties with paid ambassador Bryson DeChambeau

DETROIT — Rocket Mortgage has terminated its business relationship with top golfer Bryson DeChambeau, effectively immediately, over the 2020 U.S. Open winner's decision to depart the PGA Tour for the new and controversial LIV tour.

USA Today Sports Media Group · Jun 9, 2022

Report: Rocket Mortgage ends deal with Bryson DeChambeau over LIV Golf

DeChambeau won the Rocket Mortgage Classic in 2020.

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Tribune News Service · Jun 8, 2022

Rocket Mortgage mum on deal with Bryson DeChambeau as he joins LIV

DETROIT — Rocket Mortgage has spent years building up an impressive stable of golf ambassadors.

Tribune News Service · Jun 8, 2022

Phil Mickelson won't return to Rocket Mortgage Classic, whose field is a mystery

DETROIT — For those of you who did your random act of kindness, good on you.

Tribune News Service · May 11, 2022

Rocket Cos. profit falls 63% year-over-year to $1 billion

Rocket Companies Inc., the Detroit-based parent company of mortgage lending giant Rocket Mortgage, on Tuesday said first-quarter profit was down roughly 63% year-over-year as the mortgage lending industry faces headwinds including rising interest rates.

Tribune News Service · May 10, 2022

United Wholesale Mortgage shares jump on record purchase volume as profit drops 47%

United Wholesale Mortgage Holdings Corp. on Tuesday said net income dropped 47% year-over-year in the first three months of 2022 as interest rates increased and housing inventory remains constrained.

Tribune News Service · Apr 26, 2022

Rocket Mortgage to trim workforce as home-loan market shrinks

The country’s largest lender is looking to reduce its workforce amid a shrinking mortgage market following two years of record loan volume.

Benzinga · Feb 10, 2022

Rocket Mortgage Classic Raised More Than $1 Million For Charities In 2021: Here's Where It's Going

Rocket Mortgage announced on Thursday that through its partnership with the PGA Tour and The Rocket Mortgage Classic, it raised more than $1.35 million in last year’s tournament.

Benzinga · Oct 28, 2019

'Validation Of The City And Region's Exciting Momentum': Dan Gilbert's Rocket Mortgage Brings Forbes' Under 30 Summit To Detroit

In February, Forbes announced its flagship Under 30 Summit would move to Detroit for the next three years.

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