AI, Homeownership, and Generational Wealth with Rocket

Almost too much. New Rocket and Redfin collab with Compass; Rocket Pro unveiling so much at Ignite, including new sales and marketing tools in Navigate and an entirely new LOS called Jupiter LOS; and all while delivering earnings showing that clients want to work with us across their entire home ownership journey.

Rocket ended the year on solid ground, continuing to advance our strategy and execution across the entire homeownership journey. For the fourth quarter, Rocket delivered $2.4 billion in adjusted revenue, $36 billion in net rate lock volume, and $592 million in adjusted EBITDA. For the year, Rocket generated $6.9 billion in adjusted revenue and Rocket Mortgage’s origination market share reached 5.5 percent. We are powering origination, servicing, and real estate at national scale, expanded by the integration of Redfin and Mr. Cooper. Operational discipline and investment in automation, data science, and AI continue to drive gains in our core business and for our partners. Rocket Pro expanded tools for brokers, including digital pre-approvals and instant document analysis. Home equity and affordability products reached more clients, giving options to both buyers and homeowners. Today, Rocket also announced a new partnership with Compass, aimed at extending agent reach, expanding inventory options, and supporting a seamless experience for brokers and consumers. Full earnings details, including non-GAAP reconciliations and forward-looking statements, are available here: https://lnkd.in/g9BF8SNt

Redfin's latest report puts a number on something we're seeing every day – 1 in 5 homeowners with a mortgage could save money by refinancing right now. That's the highest share in over four years. And yet, fewer than 1 in 10 eligible homeowners have actually made the move.   That gap matters. Because refinancing isn't always about lowering a monthly payment. It's also a way to free up cash flow or even accelerate equity building with a shorter term. And with credit card debt running in the mid-20% range, debt consolidation is another obvious use. In many cases, the math works in more ways than people realize. Our economics team recently broke down the data behind this trend. If you’re interested in the numbers and the underlying drivers, I’d encourage you to check out their work. Here's the report: https://lnkd.in/gzpmSNy2 Rocket

At Rocket, “can’t” doesn’t work here. Which is exactly why you should. Go behind the scenes with the Rocket tech and product leaders helping shape the future of homeownership. This week, Executive Vice President of Engineering Papanii Okai shares what it takes to build technology with real impact and why thinking differently is part of the process. “What we’re trying to do here is going to make people really think outside of the box.”

The close of 2025 showed what’s possible when technology, data, and vision come together. Rocket delivered $2.4 billion in adjusted revenue in Q4, with real scale gains from automation and AI. Our platforms now handle 800,000 AI-powered chats per month, drive pre-approvals in minutes at any time of day, and ensure smarter outcomes for our clients. The full integration of Redfin and Mr. Cooper has supercharged our ability to serve clients across search, origination, and servicing. Combined with our Compass partnership announced today, we look forward to expanding Redfin’s reach and inventory, unlocking new digital pathways for agents, brokers, and buyers nationwide. Proud to be a part of delivering the future of homeownership, right now. More details in our latest earnings report: https://lnkd.in/gEUZSu4H

Behind Rocket's Q2 is a story about what AI made possible for people, not just processes. AI Voice scaled across servicing this quarter and handled over a million inbound calls in its first three months. More than half of those would have needed a team member before, but we're now freeing our people up for the conversations that actually need a human touch. For clients, the impact showed up everywhere. Task resolution came in nearly 25% faster, client satisfaction landed at 4.5 out of 5, and more homebuyers found us through Redfin's search this year, connecting people to the right team at the right moment. We also completed one of the largest servicing migrations in industry history, moving every servicing client onto a single platform. That gives us a unified foundation to serve people more efficiently and build long-term relationships that last well beyond the first loan. Proud of what this team built to get us here. Full results: https://lnkd.in/g9z8TDsr

Looking at Rocket's Q1 earnings call, there is a lot behind these numbers that most people don't see. We are shipping features 5x faster than two years ago. Automated pre-approvals went live in late February, already representing 10% of all pre-approvals with 33% higher conversion. 40% of those completions happen outside typical business hours, because the system is always on, when our clients need it most. More time is now spent with clients who are already engaged and ready to move. We're not in a demo, a lab - we're making homeownership easier now, for more people. AI is helping run Rocket, it's not just generating hype or PR. Our team didn't build for the moment. We built ahead of it. Really proud of everyone.

Rocket and Redfin just changed the game...again. Today, Redfin and Compass International Holdings announced a 3-year strategic partnership that will bring 500,000+ additional homes to market on Redfin.com – expanding access for buyers and increasing visibility for sellers. Sellers can generate demand and test pricing privately, without public days on market or visible price history, and buyers can unlock Preferred Pricing through Rocket Mortgage. By aligning inventory, distribution, and financing, we’re creating a more efficient path to homeownership – and making homeownership more attainable. More inventory. More exposure. More opportunity. That's the power of this exciting partnership. Read the full announcement: https://bit.ly/3MSzIBk

Rocket Pro is turning broker pain points into a $100,000 pitch contest. The company’s new “Big Pitch” contest invites anyone with an active NMLS number to bring forward the tech ideas they think the broker channel actually needs. Austin Niemiec, chief revenue officer at Rocket, said the goal is to tap into brokers’ frontline knowledge of what needs fixing. Submissions are open now through June 30. Three finalists will be selected in early July and begin working with Rocket’s tech team to build prototypes. The winning idea will be built into a Rocket Pro technology product and unveiled at Rocket Pro Experience, or RPX, in Detroit on Sept. 1. It is part competition, part product lab, and part challenge to the broker community: What would you fix first? Read the full story: >>link in comments<< #MortgageIndustry #MortgageBrokers #WholesaleMortgage #MortgageTechnology #RocketPro #HousingFinance #MortgageNews