NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team: https://www.zlk.com/pslra-1/rocke ...

Core Insights - Rocket Mortgage has launched a new bridge loan product aimed at helping homeowners access their equity before purchasing a new home, allowing them to compete with cash buyers in a tight housing market [1][2][3] Product Overview - The bridge loan enables homeowners to utilize their average equity of $181,000 to make strong offers on new homes without the need to sell their current property first [2][3] - Clients can receive up to six months to sell their home with interest-only payments during this period, provided they have their home listed or under contract [4] Market Context - The housing market remains competitive, with significant percentages of homes selling above asking prices in areas like San Jose (67.1%) and other cities in California [3] - The bridge loan addresses the challenges of buying and selling simultaneously, reducing stress and allowing buyers to secure the best offers for their existing properties [3] Company Mission - The introduction of the bridge loan aligns with Rocket Mortgage's mission to remove financial barriers in homeownership, complementing other initiatives like RocketRentRewards, which offers credits to first-time buyers [5] Company Background - Rocket Mortgage is the largest mortgage lender in the U.S. and has closed over $1.8 trillion in mortgage volume since its founding in 1985 [6] - The company has been recognized for client satisfaction, ranking 1 in both primary mortgage origination and servicing by J.D. Power [7]

NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=153676&from=3 CLASS PERIOD: March ...

NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team: https://www.zlk.com/pslra-1/rocke ...

NEW YORK, June 19, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT).Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=153515&from=4CLASS PERIOD: March 29, 202 ...

NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Rocket Companies, Inc. (NYSE: RKT). Shareholders who purchased shares of RKT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rocket-companies-inc-loss-submission-form/?id=153436&from=3 CLASS PERIOD: March ...

Core Viewpoint - A class action securities lawsuit has been filed against Rocket Companies, Inc. due to alleged securities fraud affecting investors between March 29, 2021, and April 1, 2021 [1][2]. Case Details - The lawsuit claims that Rocket Companies made false statements regarding its financial performance, specifically that: - Rocket's gain on sale margins were contracting at the highest rate in two years due to increased competition among mortgage lenders and a shift towards lower-margin operations [2]. - The company was engaged in a price war in the wholesale market, further compressing margins [2]. - Adverse trends were accelerating, with gain on sale margins expected to drop by at least 140 basis points in the first half of 2021 [2]. - Favorable market conditions that previously allowed for high gain on sale margins had disappeared, returning to levels not seen since Q1 2019 [2]. - Company-wide gain-on-sale margins had fallen significantly below recent historical averages [2]. - Positive statements made by the defendants regarding the company's operations were misleading and lacked a reasonable basis [2]. Next Steps - Investors who suffered losses during the specified timeframe have until July 8, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders and being recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].

Core Viewpoint - A class action securities lawsuit has been filed against Rocket Companies, Inc. alleging securities fraud that negatively impacted investors between March 29, 2021, and April 1, 2021 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Rocket's gain on sale margins were contracting at the highest rate in two years due to increased competition among mortgage lenders and a shift towards lower margin operations [2]. - It is alleged that Rocket was engaged in a price war with competitors in the wholesale market, further compressing margins in its Partner Network segment [2]. - The complaint indicates that adverse trends were accelerating, predicting a drop of at least 140 basis points in gain on sale margins during the first half of 2021 [2]. - The favorable market conditions that previously allowed Rocket to achieve high gain on sale margins had disappeared, returning to levels not seen since Q1 2019 [2]. - The company's gain-on-sale margins had fallen materially below recent historical averages, contradicting positive statements made by the defendants about the company's operations and prospects [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until July 8, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].

NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team: https://www.zlk.com/pslra-1/rocke ...

NEW YORK, June 13, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Rocket Companies, Inc. ("Rocket Companies" or the "Company") (NYSE: RKT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rocket Companies investors who were adversely affected by alleged securities fraud between March 29, 2021 and April 1, 2021. Follow the link below to get more information and be contacted by a member of our team:https://www.zlk.com/pslra-1/rocket-comp ...