Nonbank Update: Rocket Companies

New York | In this issue of The Institutional Risk Analyst, we look at the earnings release earlier this week by Rocket Companies (NYSE:RKT). We also assess the market reception for independent mortgage banks (IMBs) more generally since the RKT initial public offering this past August. With returns on mortgage-backed securities (MBS) negative due to FOMC bond purchases and high mortgage prepayment rates, investors and lenders fight the Fed every day.

Want to read more?

Subscribe to theinstitutionalriskanalyst.com to keep reading this exclusive post.

Subscribe Now