Rocket Companies shares jump 6% after CEO says mortgage loan volume is surging

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Rocket Companies shares surged 6.3% after CEO Varun Krishna revealed a strong mortgage loan performance on CNBC. The company is set to report its earnings on February 19, expecting the highest loan production and gain on sale in four years. Rocket’s success is attributed to its integrated mortgage servicing and origination approach, enabling it to retain customers and capitalize on the growing housing market. Industry forecasts predict significant growth in the mortgage market and existing home sales, reflecting optimism for Rocket’s future prospects.

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Rocket Companies shares jump 6% after CEO says mortgage loan volume is surging

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