Rocket profits, loan volume plunge from year ago as mortgage market contracts
Rocket Cos. generated $96 million in net income on revenue of $1.3 billion in the third quarter - down 93% and 58%, respectively, from Q3 of 2021.
More from Michigan Business
DetroitNews Business
US stocks slip as investors weigh economic data, Fed policy
Michigan Business
•
Dec 5, 2022
DetroitNews Business
Sale jumpstarts floating, offshore wind power in US waters
Michigan Business
•
Dec 5, 2022
DetroitNews Business
Stocks open lower on Wall Street, crude oil prices climb
Michigan Business
•
Dec 5, 2022
Michigan Lawyers Weekly
Reformers take 6 of 14 UAW board seats, could win majority
Michigan Business
•
Dec 5, 2022
Michigan Lawyers Weekly
Tolling exception to one-year-back rule readopted
Michigan Business
•
Dec 5, 2022
DetroitNews Business
India signals it will continue to buy oil from Russia
Michigan Business
•
Dec 5, 2022
DetroitNews Business
As Musk is learning, content moderation is a messy job
Michigan Business
•
Dec 5, 2022
DetroitNews Business
Elon Musk says Apple is 'fully' advertising on Twitter again
Michigan Business
•
Dec 4, 2022