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  2. Rocket Mortgage - Wikipedia

    en.wikipedia.org/wiki/Rocket_Mortgage

    Rocket Mortgage, LLC, formerly Quicken Loans, LLC, is an American mortgage lender, headquartered in Detroit, Michigan. Rocket Mortgage uses wholesale funding for loans and online applications as opposed to a branch system.

  3. Rock Ventures - Wikipedia

    en.wikipedia.org/wiki/Rock_Ventures

    Rock Ventures LLC is the holding company for businessman Dan Gilbert's portfolio of companies, investments, and real estate. It is based in Detroit, Michigan and engaged in community development in both Detroit and Cleveland, Ohio. [3] Its over 110 affiliated companies included the Cleveland Cavaliers, Hollywood Casino at Greektown, and Rocket ...

  4. US accuses Rocket Homes of illegal kickbacks in mortgage scheme

    www.aol.com/us-accuses-rocket-homes-illegal...

    According to the Consumer Financial Protection Bureau, Rocket Homes, one of the largest mortgage lenders in the United States, plied the real estate brokerages with referrals and other inducements ...

  5. Real estate owned - Wikipedia

    en.wikipedia.org/wiki/Real_estate_owned

    REO sale property in San Diego, California. Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]

  6. The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to boost new housing construction and stimulate demand for previously owned… NBC Universal 3 ...

  7. What is a short sale? - AOL

    www.aol.com/finance/short-sale-234542168.html

    A short sale — sometimes known as a preforeclosure sale — is when a mortgage lender agrees to allow a borrower to sell their home for less than what’s owed on the mortgage. The lender ...

  8. Wraparound mortgage - Wikipedia

    en.wikipedia.org/wiki/Wraparound_mortgage

    When the buyer either sells or refinances the property, all mortgages are paid off in full, with the seller entitled to the difference in the payoff of the wrap and any underlying loan payoffs. Typically, the seller also charges a spread. For example, a seller may have a mortgage at 6% and sell the property at a rate of 8% on a wraparound mortgage.

  9. Rocket Mortgage sues HUD to dismiss claims of appraisal ...

    www.aol.com/news/rocket-mortgage-sues-hud...

    Rocket Mortgage claims DOJ 'dragged' company into lawsuit The Department of Justice's allegations stemmed from a January 2021 appraisal of Cheroutes' duplex when she sought to refinance her loan ...

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