Rocket Companies, Inc. (NYSE:RKT) Goldman Sachs 2021 US Financial Services Conference December 8, 2021 2:20 PM ET Company Participants Jay Farner - CEO Conference Call Participants Ryan Nash - Goldman Sachs Ryan Nash All right, great, we're going to get started up next and joining us for the first time. We're excited to have the Rocket Companies', Rocket has developed an outstanding platform that is allowed it to position itself as the premier player in several end markets through its best breed technology ...

Summary of Rocket Companies, Inc. Conference Call Company Overview - **Company**: Rocket Companies, Inc. (NYSE:RKT) - **Industry**: Fintech, Mortgage Lending - **CEO**: Jay Farner - **Conference**: Credit Suisse 25th Annual Technology Conference, December 1, 2021 Key Points Company History and Positioning - Rocket Companies has been in business for 36 years, originally starting as Rock Financial and later known as Quicken Loans before rebranding to Rocket Companies [2] - The company has grown to become the largest mortgage lender in the U.S., processing $330 billion in closed loan volume in 2021, up from $145 billion in 2020 [5] Technology and Efficiency - Rocket emphasizes the importance of backend technology for operational efficiency, allowing for lower costs in processing, underwriting, and closing mortgages compared to competitors [3] - The introduction of Rocket Logic technology aims to enhance the decision-making process at the point of sale, significantly improving the loan closing process [8] Market Share and Growth Strategy - Rocket aims to exceed 10% market share in the mortgage industry, leveraging multiple distribution channels including retail purchase, refinance, and partnerships with real estate and financial service firms [10][12] - The company is focused on retail purchase lending, with a goal to become the largest retail purchase lender in the U.S. within 12-18 months [16] Product Diversification - Rocket has expanded its offerings beyond mortgages to include Rocket Auto, Rocket Loans, Rocket Homes, and Rocket Solar, creating a comprehensive platform for clients [4][42] - The company is leveraging its existing client data to enhance services and drive additional revenue streams [9] Market Outlook - The mortgage market is projected to be between $2.5 trillion to over $4 trillion in 2022, with Rocket confident in capturing a significant share due to its diversified approach and strong technology [21][24] - The company anticipates that over 50% of its loan volume will not be rate-sensitive, indicating resilience against interest rate fluctuations [23] Financial Performance and Strategy - Rocket maintains a strong gain on sale margin, projected between 2.65% to 2.95%, and has consistently been profitable even in challenging market conditions [26] - The company is actively buying back shares, indicating confidence in its valuation and future growth potential [45] Partnerships and Collaborations - Rocket has established partnerships with major firms like Morgan Stanley, Charles Schwab, and Salesforce, enhancing its market reach and service offerings [35][39] - The partnership with Salesforce is particularly significant as it allows Rocket to tap into a large network of banks and credit unions, expanding its origination capabilities [40] Future Opportunities - Rocket is exploring additional product opportunities to enhance client engagement and retention, focusing on services that provide value to clients over time [51] - The company aims to create a seamless experience for clients throughout the home buying process, reducing friction and improving overall satisfaction [42] Additional Insights - Rocket's approach to marketing and client engagement is proactive, allowing it to capitalize on market opportunities quickly [31] - The company is committed to investing in technology and innovation to maintain its competitive edge in the fintech space [48]

Rocket Companies Investor Presentation November 2021 ROCKET Companies Disclaimer This presentation contains and related discussions may contain "forward-looking statements" within the meaning of U.S. federal securities laws. Forward-looking statements conceening possible or assumed future results of operations, Rocket Company") business plans and strategies, the Company's ability to cross-sell and up-self the Conpany's pooducts, and expansion into new markets. You can identify forward-looking statements by ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or (313) 373-7990 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | --- | --- | --- | | Class A common stock, par value $0.000 ...

Rocket Companies Investor Presentation November 2021 ROCKET Companies Disclaimer This presentation contains and related discussions may contain "forward-looking statements" within the meaning of U.S. federal securities laws. Forward-looking statements conceening possible or assumed future results of operations, Rocket Company") business plans and strategies, the Company's ability to cross-sell and up-self the Conpany's pooducts, and expansion into new markets. You can identify forward-looking statements by ...

Rocket Companies, Inc. (NYSE:RKT) Q3 2021 Results Earnings Conference Call November 4, 2021 4:30 PM ET Company Participants Sharon Ng - Vice President of Investor Relations Jay Farner - Chief Executive Officer Julie Booth - Chief Financial Officer Bob Walters - President and Chief Operating Officer Conference Call Participants Ryan Nash - Goldman Sachs Doug Harter - Credit Suisse Arren Cyganovich - Citi James Faucette - Morgan Stanley Brock Vandervliet - UBS Ivy Zelman - Zelman & Associates Mark DeVries - B ...

Rocket Companies, Inc. (NYSE:RKT) Q2 2021 Earnings Conference Call August 12, 2021 4:30 PM ET Company Participants Sharon Ng - Vice President of Investor Relations Jay Farner - Chief Executive Officer Julie Booth - Chief Financial Officer Bob Walters - President and Chief Operating Officer Conference Call Participants Ryan Nash - Goldman Sachs Timothy Chiodo - Credit Suisse Arren Cyganovich - Citi James Faucette - Morgan Stanley Mark DeVries - Barclays Mihir Bhatia - Bank of America Ryan McKeveny - Zelman K ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number: 001-39432 Rocket Companies, Inc. (Exact name of registrant as specified in its charter) Delaware 84- ...

Summary of Rocket Companies, Inc. Conference Call Company Overview - **Company**: Rocket Companies, Inc. (NYSE:RKT) - **Industry**: Mortgage and Consumer Finance Key Points and Arguments Competitive Landscape and Margins - The competitive intensity in the mortgage space is increasing, particularly affecting wholesale channels [3] - In 2020, the company experienced historically high margins due to operational efficiency during the pandemic [4] - In 2021, margins are normalizing to pre-COVID levels, similar to 2019, but the company is still on track for its best year ever [4][5] - The company maintains higher margins than the industry average due to its brand, technology, and client service [5][6] Broker Relationships and Market Share - Competition has led to stronger relationships with brokers, as brokers prefer to align with efficient and scalable companies [8][9] - The company has gained significant "wallet share" from brokers, allowing for strategic growth opportunities [8][10] - The competitive environment is beneficial for brokers and consumers, enabling the company to expand its market share [10] Technology Investments - Technology has been a core component of the company's strategy for over 25 years, enhancing client experience and operational efficiency [15][17] - Investments in technology include the Rocket Logic system, which streamlines the mortgage process by automating decision-making and reducing the need for extensive human intervention [19][21] - The Rocket Homes platform is being developed to integrate real estate services with mortgage offerings, aiming to become the largest retail purchase lender [22][46] Market Dynamics and Consumer Behavior - The current housing market is characterized by high cash-out levels and low inventory, driven by changing consumer preferences post-COVID [32][33] - The company is positioned to assist clients in navigating the competitive market, with plans to announce new programs to empower clients in buying and selling homes [33][50] Customer Retention and Engagement - The company boasts a customer retention rate exceeding 90%, emphasizing a relationship-focused approach rather than merely recapturing loans [37][38] - The servicing platform is designed to engage clients through various services, enhancing the overall customer experience [38] Future Growth Strategies - The goal is to become the largest home purchase lender within 24 months, supported by technology investments and strategic partnerships with real estate agents [46][50] - The company plans to increase branding and advertising efforts, participate in real estate conferences, and leverage data science to identify prospective clients [49][50] Closing Efficiency - The company is focused on improving the anticipated closing date percentage, aiming to have the highest in the industry, which is critical for maintaining broker and client trust [51] Additional Important Insights - The company emphasizes a strong culture and customer service philosophy, which is seen as a key differentiator in the competitive landscape [42][43] - The leadership believes that technology alone is not sufficient; a strong team culture is essential for leveraging technology effectively [44]

Summary of Rocket Companies, Inc. Conference Call Company Overview - **Company**: Rocket Companies, Inc. (NYSE:RKT) - **Event**: JPMorgan 49th Annual Global Technology, Media and Communications Conference - **Date**: May 24, 2021 - **Participants**: Jay Farner (CEO), Rick Shane (JPMorgan), Tien-tsin Huang (JPMorgan) Key Points Industry Dynamics - The mortgage industry is experiencing competitive dynamics, particularly in the wholesale channel, with competitors aggressively vying for broker share [8] - Rocket Companies has seen significant growth in its partner channel, particularly in March, despite rising interest rates [9][10] Company Performance - In its first year as a public company, Rocket Companies doubled its volume to $320 billion and generated over $8 billion in adjusted income [3] - The company successfully transitioned over 97% of its employees to work-from-home setups during the COVID-19 pandemic, showcasing its operational agility [3][5] Technology as a Differentiator - Technology is central to Rocket's strategy, enabling faster mortgage processing and improved customer experience [21][22] - The company aims to reduce mortgage closing times significantly, leveraging technology to achieve underwriting decisions at the point of sale [24][36] - Rocket Logic, the company's proprietary technology, is designed to streamline the mortgage process and enhance efficiency [24][41] Market Position and Strategy - Rocket Companies holds approximately 9-10% market share in the mortgage industry, with aspirations to capture more [45] - The company emphasizes the importance of building strong relationships with broker partners and investing in technology to maintain its competitive edge [10][11] Public Company Transition - Transitioning to a public company has led to increased focus and clarity in decision-making, with a commitment to long-term value creation [44][47] - The company is focused on maintaining a balance between short-term performance and long-term strategic goals [51] Cultural Values - Rocket Companies operates under a set of guiding principles known as "ISMs," with a strong emphasis on innovation and execution [56] - The CEO highlights the importance of doing the right thing as a core value, both in business and personal life [60] Future Outlook - The company is optimistic about growth opportunities in both the mortgage and auto sectors, despite current inventory challenges [53] - Rocket Companies plans to continue investing in technology and partnerships to drive future growth [53][54] Additional Insights - The competitive landscape in fintech and mortgage tech is evolving, but Rocket Companies believes it has a unique advantage due to its established technology and market position [28][29] - The company is actively seeking to attract tech talent by offering opportunities beyond just the mortgage sector, appealing to a broader range of professionals [32][33] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Rocket Companies' operational strengths, market positioning, and future growth strategies.