Rocket Firms Makes Management Modifications Throughout A number of Companies, Rising Connectivity All through the Platform

DETROIT, Jan. 5, 2022 /PRNewswire/ — Rocket Firms, (NYSE: RKT) the Detroit-based FinTech platform firm consisting of tech-driven actual property, mortgage and monetary companies companies – together with Rocket Mortgage, Rocket Properties, Truebill and Rocket Auto – as we speak introduced a collection of promotions and management modifications to additional the corporate’s trajectory of success.

Jay Farner, Vice Chairman & CEO of Rocket Firms and former CEO of Rocket Mortgage, will assume the title of CEO for Rocket Central (beforehand Rock Central) – the centralized hub for the Rocket Firms fintech platform. Farner will retain his position at Rocket Firms to proceed driving the expansion of the complete ecosystem from mortgage and actual property to automotive gross sales and private finance. Angelo Vitale, Normal Counsel & Secretary of Rocket Firms, who beforehand held the position of CEO of Rock Central, will now solely concentrate on his roles as Normal Counsel and Secretary at Rocket Firms.

As a platform enterprise, Rocket Firms offers companies from every of its manufacturers to shoppers who need assist making a posh transaction simpler – like getting a house mortgage, buying a automotive or engaged on their budgeting and private funds because of the current acquisition of Truebill.

In his new position at Rocket Central, Farner will drive the imaginative and prescient for the expertise, information, product design, advertising and marketing, communications and different companies the corporate offers – making certain there’s a constant, seamless expertise for shoppers throughout the Rocket Firms ecosystem.

With Farner’s transfer to Rocket Central, Bob Walters – a 25-year veteran of Rocket Mortgage – has been promoted to CEO of Rocket Mortgage. He beforehand served because the President and COO of each Rocket Firms and Rocket Mortgage and can retain his place at Rocket Firms. In his time as President and COO of Rocket Mortgage, Walters oversaw the Mortgage Servicing, Consumer Expertise Operations, Capital Markets and Expertise Groups. As CEO, Walters might be chargeable for the imaginative and prescient, technique and the day-to-day operation of Rocket Mortgage.

Rocket Mortgage additionally introduced Tim Birkmeier, the corporate’s Chief Income Officer, is broadening his duties by additionally assuming the position of President. Birkmeier, who joined the corporate in 1996, is chargeable for all groups and initiatives that create top-line income for the corporate – together with Mortgage Banking and the corporate’s Partnership Channel.

“Rocket Mortgage is in glorious arms with Bob and Tim, who’ve been instrumental drivers within the firm’s progress. We have now labored side-by-side for many years and can proceed to take action,” mentioned Farner. “Bob has a really inquisitive nature, digging deep in each course of to verify the corporate leverages each small benefit to stay as much as the ISM, or philosophy, ‘The Inches We Want Are In all places Round Us.’ Tim has labored intently with the mortgage banking staff to hone our experience in offering an distinctive expertise for everybody – making certain we make good on our promise, ‘Each Consumer. Each Time. No Exceptions. No Excuses.’ I am wanting ahead to seeing how they use their passions and expertise to steer the enterprise to new heights.”

Beneath the management of Walters and Birkmeier, Rocket Mortgage has seen explosive progress, together with turning into the nation’s largest mortgage lender, the introduction of proprietary expertise together with Rocket Mortgage and Rocket Logic and sustaining an industry-best consumer retention fee exceeding 90-plus p.c. The pair have additionally been immediately concerned with the corporate incomes 19 J.D. Energy awards over the past 12 years for consumer satisfaction in mortgage origination and servicing.

Along with these modifications, Rocket Firms additionally just lately introduced Nicole Beattie as CEO of Amrock, following the retirement of Amrock’s prior chief govt. Earlier than becoming a member of Amrock, Beattie was an 18-year veteran of Rocket Mortgage.

About Rocket Firms

Rocket Firms (NYSE: RKT) is a Detroit-based platform firm consisting of non-public finance and client expertise manufacturers together with Rocket Mortgage, Rocket Properties, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core Digital Media, Rock Connections, Truebill, Rocket Innovation Studio, Lendesk, Edison Monetary and Woodward Capital Administration.

Since 1985, Rocket Firms has been obsessive about serving to its shoppers obtain the American dream of residence possession and monetary freedom. Rocket Firms affords an industry-leading consumer expertise powered by our easy, quick and trusted digital options. Rocket Firms has roughly 26,000 staff members throughout the USA and Canada. Rocket Firms ranked #5 on Fortune’s listing of the “100 Finest Firms to Work For” in 2021 and has positioned within the high third of the listing for 18 consecutive years. For extra info, please go to the corporate’s company web site or investor relations web site.

About Rocket Mortgage 

Detroit-based Rocket Mortgage, the nation’s largest residence mortgage lender and a part of Rocket Firms (NYSE: RKT), permits the American Dream of homeownership and monetary freedom via its obsession with an industry-leading, digital-driven consumer expertise. In late 2015, it launched the primary absolutely digital, fully on-line mortgage expertise. Rocket Mortgage closed $320 billion {dollars} of mortgage quantity throughout all 50 states in 2020.

Rocket Mortgage moved its headquarters to downtown Detroit in 2010. As we speak, Rocket Mortgage and Rocket Firms make use of 26,000 full-time staff members nationwide. The corporate generates mortgage manufacturing from internet facilities positioned in Detroit, Cleveland and Phoenix. Rocket Mortgage ranked highest within the nation for buyer satisfaction in mortgage servicing by J.D. Energy for the previous eight straight years, 2014 – 2021.

Rocket Firms, Rocket Mortgage’s guardian firm, ranked #5 on Fortune’s listing of the “100 Finest Firms to Work For” in 2021 and has positioned within the high third of the listing for 18 consecutive years.

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SOURCE Rocket Firms, Inc.

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