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Rocket Mortgage merger
Posted on 3/31/25 at 2:13 pm
Posted on 3/31/25 at 2:13 pm
7
Posted on 3/31/25 at 2:15 pm to GeauxTigers1983
Will this hurt or help 30 year fixed mortgage rates through rocket mortgage?
Posted on 3/31/25 at 2:23 pm to GeauxTigers1983
Excellent!
I’m sick of seeing that idiotic Mr. Cooper name on my mortgage docs… I still can’t believe my mortgage got sold to those assclowns.
I’m sick of seeing that idiotic Mr. Cooper name on my mortgage docs… I still can’t believe my mortgage got sold to those assclowns.
Posted on 3/31/25 at 2:32 pm to GeauxTigers1983
All I can say is "Congrats" to the Mr. Cooper folks. Rocket is a fantastic mortgage company.
This post was edited on 3/31/25 at 2:33 pm
Posted on 3/31/25 at 3:12 pm to SonicAndBareKnuckles
quote:
I still can’t believe my mortgage got sold to those assclowns.
It's the largest mortgage servicer in the country. Why is that shocking to you?
Posted on 3/31/25 at 3:21 pm to Billy Blanks
NVM
This post was edited on 3/31/25 at 3:22 pm
Posted on 3/31/25 at 3:52 pm to GeauxTigers1983
Mr. Cooper is terrible.
You CANNOT get anyone on the phone for customer service.
But they will call you about refinancing.
You CANNOT get anyone on the phone for customer service.
But they will call you about refinancing.
This post was edited on 3/31/25 at 3:55 pm
Posted on 3/31/25 at 4:45 pm to ItzMe1972
quote:
Mr. Cooper is terrible.
They’re the only financial company I’ve ever had where their system failed to make an automatic payment that I had set up. They’ve had major data breaches too.
This post was edited on 3/31/25 at 4:46 pm
Posted on 3/31/25 at 4:56 pm to SonicAndBareKnuckles
quote:
They’re the only financial company I’ve ever had where their system failed to make an automatic payment that I had set up
I'm not on automatic payments, but a few years ago I made my regular monthly payment. They a day or so later, they drafted the payment 4 extra times. Apparently it was pretty widespread because after I couldn't get anyone on the phone, I went to their FB page and they were getting lit up by hundreds of comments from people having the same issue. Somebody filed a class action suit against them and I got a check for a few bucks in the settlement. I'm sure some lawyer got filthy rich over it though.
Posted on 3/31/25 at 9:02 pm to Tiger Prawn
My grandfathered in Louisiana homeowners insurance was nearly dropped because Mr Cooper didn't pay the annual premium despite me messaging them 3 times confirming that they got a copy of the new declaration and planned to pay through escrow for me. Had to do an emergency wire to the insurance company myself to avoid getting dropped
Now I just handle escrow myself due to their frick up.
Now I just handle escrow myself due to their frick up.
Posted on 3/31/25 at 10:06 pm to WHS
It won’t have any impact on rates
Posted on 4/1/25 at 7:04 am to GeauxTigers1983
Have been with Rocket since my re-fi a few years back and have had no issues really.
Posted on 4/1/25 at 8:08 am to GeauxTigers1983
Great move by Rocket. This for sure signals a big Refi/Purchase run around the corner
Rates will be dropping as I predicted
Rates will be dropping as I predicted
Posted on 4/1/25 at 8:11 am to SDVTiger
quote:
Rates will be dropping as I predicted
quote:
SDVTiger
Posted on 4/1/25 at 8:20 am to slackster
Still mad about that .5 cut
Thought the 10yr was gonna be at 5 by now after your predictions
Thought the 10yr was gonna be at 5 by now after your predictions
Posted on 4/1/25 at 8:21 am to WHS
Compare the rates on the Rocket app vs. what is widely available, but not through their app. Rates were 3/4 of a point higher the first time I checked, and I deleted the app as a near scam aimed at lazy Gen Z'ers. Put on your crown and rule! 
Means: We have an app, and our AI customer service is cheap and shitty just like that of Xfinity.
quote:
By combining Mr. Cooper and Rocket, we will form the strongest mortgage company in the industry, offering an end-to-end homeownership experience backed by leading technology and grounded in customer care
Means: We have an app, and our AI customer service is cheap and shitty just like that of Xfinity.
Posted on 4/1/25 at 8:24 am to SDVTiger
I missed the 50bps but got the direction of long term rates right, which is far more important. 
Posted on 4/1/25 at 8:30 am to slackster
The 10yr is at 4.1 right now
Posted on 4/1/25 at 8:49 am to SDVTiger
It was at 3.6 before the first cut when you were out here telling CAD to wait to refi. Cost the poor guy thousands of dollars now. 
Posted on 4/1/25 at 9:12 am to slackster
quote:
It was at 3.6 before the first cut when you were out here telling CAD to wait to refi. Cost the poor guy thousands of dollars now.
What the fack are you babbling about?
You said it would be at 5%
This post was edited on 4/1/25 at 9:17 am
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