Just bought more $RKT Rocket is about to Rocket- and we have already seen a “turning point”. #amazonofhousing
According to a Bloomberg Intelligence report released this morning, it affirms all Citron points and gives DATA. After recently acquiring the servicing rights to Amerihome, $RKT has seen a dramatic acceleration in refinance activity.
“That marked a turning point, with the transferred loans subsequently refinancing significantly faster than average and even faster than Rocket’s own loans in many cases, as Rocket took advantage of the newly attained servicing rights to generate more refinancing business.”
Excited to hear what CEO with say at JPM Conference...will keep followers updated
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