Jan. 12 at 5:18 PM
$RKT just quietly turned into a full-stack housing machine. Between the
$1.8B Redfin deal and the
$14.2B Mr. Cooper acquisition, you’ve got search, origination, and servicing under one roof, touching ~10M borrowers and one of the most-trafficked brokerage sites in the country. that’s real data, lead flow, and cross-sell potential if management can execute.
Positioning-wise, this is classic “platform, not lender”. You’ve got:
$RDFN bringing ~50M monthly visitors and a media-like funnel into Rocket’s mortgage pipe, which is exactly what you want if purchase volumes ever wake up again.
$COOP massive servicing book and fee stream, with
$RKT guiding to hundreds of millions in run-rate cost and revenue synergies and immediate accretion to adjusted EPS.
On the tape,
$RKT has already re-rated hard off the 2024 lows, with the stock up sharply over the last few quarters as the market buys into the ecosystem story.
Thoughts, not advice. #RKT #housing #mortgage #fintech
