NYSE:RKTDiversified Financial
Government-Backed MBS Buying Spree Could Be A Game Changer For Rocket Companies (RKT)
In recent weeks, Rocket Companies has been in focus as a US$200 billion government-backed purchase of mortgage-backed securities has boosted refinancing activity and attention on mortgage finance firms.
At the same time, Redfin, powered by Rocket, has highlighted a rare housing backdrop with far more sellers than buyers and only modest home-price gains, underscoring shifting conditions across the U.S. market.
Against this backdrop, we’ll examine how the government-backed mortgage purchase...