The Rocket Signature Card is linked to our Rocket Rewards loyalty program and designed to appeal to first time home buyers and existing homeowners who are in the market to buy, helping us reach them earlier in the purchase life cycle. With the Rocket Signature Card, our clients can earn 5% back to lower closing costs and down payments by thousands of dollars, helping to address some of the most significant hurdles to purchasing a home. In April, we unveiled the Rocket Visa Signature Credit Card, the first credit card that makes home buying more accessible and homeownership easier through everyday spending.If a homeowner is buying and selling, they can use both BUY+ and SELL+ to increase their savings. With SELL+, sellers listing their home for sale with a Rocket Homes Verified Partner Agent will receive a rebate check for 1% of the sale price from Rocket Homes after closing. With BUY+, purchase clients can save thousands of dollars in upfront costs if they work with a Rocket Homes Partner Real Estate Agent and obtain financing with Rocket Mortgage. In April, we introduced BUY+ and SELL+, a collaboration between Rocket Mortgage and Rocket Homes, our proprietary home search platform and real estate agent referral network business. There is a strong correlation between this metric and client lifetime value, and we believe our net client retention rate is unmatched among mortgage companies and on par with some of the best performing subscription business models in the world. Rocket Mortgage net client retention rate was 96% over the 12 months ended March 31, 2023.As of March 31, 2023, our servicing portfolio includes 2.5 million clients and generates approximately $1.5 billion of recurring servicing fee income on an annualized basis. Servicing book unpaid principal balance was $524.8 billion at March 31, 2023.Total liquidity was approximately $8.1 billion, as of March 31, 2023, which includes $0.9 billion of cash on-hand, $2.4 billion of corporate cash used to self-fund loan originations, $3.1 billion of undrawn lines of credit, and $1.7 billion of undrawn MSR lines.Rocket Mortgage generated $17 billion in mortgage origination closed loan volume.Generated total adjusted revenue of $882 million and adjusted net loss of $111 million, or an adjusted loss of $0.06 cents per diluted share. Generated total revenue, net of $666 million and net loss of $411 million, or a loss of $0.16 cents per diluted share. (NYSE: RKT) ("Rocket Companies" or the "Company"), a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services businesses – including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money – today announced results for the quarter ended March 31, 2023.
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