@Sutliff
Both. With the edition of the coop servicing portfolio, which thrived with the higher the interest. It protects against down housing markets like the last few years. Take a look at $COOP chart. They thrived. It was a great move by rkt.
$RKT $UWMC $RDFN $COOP $SPY
BBG: mortgage rates rise to 6.66%, highest level in a year
>at this point, im pretty sure it’s only newly weds out there who are buying houses. it’s the yee ol’ “we must buy a place to start a family” trap
$RKT 🚀
Rocket took $COOP & $RDFN and plugged them into an end to end Housing finance & Service Fintech platform. The mortgage industry has long been hampered by scaling issues. It was incredibly costly, and time consuming. AI is the special sauce the mortgage industry has long needed. It completely reshapes the game.
$RKT is doing it bigger and better than them all. 👉🌲🏡🇺🇲💵💲💵💲
@TheIndustrials
It's what they have now with $COOP & $RDFN being taken in. Plug it all into an end to end AI platform that can scale in the blink of an eye, and you have a brand new tech company specifically for US Housing finance & service. Efficiency in scale is exactly what these companies have lacked for decades. It's the special sauce mortgage has been looking for.
$RKT 🚀
Plugging $COOP and $RDFN into $RKT , has created a monster the housing market has never seen before. This structure under an ultra efficient AI Fintech platform.... PRINT THE MONEY!!!💵💲💵💲💵💲💵💲💵💲
$RKT 🚀💲
Plugging $COOP and $RDFN into $RKT , has created a monster the housing market has never seen before. This structure under an ultra efficient AI Fintech platform.... PRINT THE MONEY!!!💵💲💵💲💵💲💵💲💵💲
$RKT 🚀
Plugging $COOP and $RDFN into $RKT , has created a monster the housing market has never seen before. This structure under an ultra efficient AI Fintech platform.... PRINT THE MONEY!!!💵💲💵💲💵💲💵💲💵💲
@Therealcharlie
$RKT would actually benefit possibly more with a rate increase. Now that it owns $COOP .
The servicing portfolio is massive. They're looking good either way AND have managed to grow profits. Even in these horrible down last few years... Impressive.
