Rocket Profits, Loan Volume Plunge from Year Ago as Mortgage Market Contracts

Detroit News, Nov. 3, 2022–Jordyn Grzelewski
Citing data from the Mortgage Bankers Association, Rocket CEO Jay Farner said that mortgage applications are at their lowest levels since the mid-1990s — and told investors to expect industry consolidation in the coming quarters.
https://www.detroitnews.com/story/business/2022/11/03/rocket-profits-loan-volume-fall-sharply-from-year-ago-levels/69617863007/