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Rocket Mortgage
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- 1Rocket Mortgage Adopts VantageScore on All Eligible Loans▼Rocket Mortgage Becomes First Home Lender to Use VantageScore as its Preferred Scoring Model on All Eligible Loans
Rocket Mortgage has become the first home lender to use VantageScore as its preferred credit scoring model across all eligible loans. The move marks a notable shift in how mortgage creditworthiness may be assessed, as VantageScore competes with the long-dominant FICO in the US lending market. The announcement could push other major lenders to reconsider their scoring choices.
- 2Rocket Companies posts record mortgage market share●Rocket Companies posts record mortgage market s...
Rocket Companies has posted record mortgage market share, strengthening its position as one of the largest US home lenders. The result points to the Detroit-based company gaining ground on competitors despite a difficult housing market shaped by high interest rates. Industry observers are watching whether the lender can hold that lead as mortgage volumes remain under pressure.
- 3Rocket Mortgage accused of racial discrimination in appraisal case●Today's post is about a racial discrimination against Rocket Mortgage and its partners. The case seems straightforward,
A blog post is drawing attention to a racial discrimination lawsuit involving Rocket Mortgage and its appraisal partners. The case reportedly involves appraisers accused of misconduct, with Rocket arguing that federal regulations prevent it from interfering with appraiser decisions. Commenters describe the case as straightforward on its face, but note the regulatory defence could complicate accountability for discriminatory home valuations.