Rocket Companies, the parent company behind Quicken Loans and Rocket Mortgage, is poised for an IPO. The company plans to list on the New York Stock Exchange under the ticker RKT. Goldman Sachs will be the lead bank among six to take the lender public.
In the company’s filings, Rocket Mortgage says it has has increased its market share to 9.2% in the first quarter of 2020 from 1.3% in 2009. 75% of the people who applied for a loan from Rocket Mortgage were first time homebuyers or millennials.
We profile the leadership behind the Rocket Companies ahead of the IPO to shed some light on who’s behind the largest mortgage lender in the US by volume.
This content is available exclusively to Tearsheet Outlier members.
Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — $59/mo Already an Outlier member? Sign in to your account