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SAN DIEGO and DETROIT, Oct. 14, 2020 /PRNewswire/ — Today, financial empowerment app Mint by Intuit Inc. (Nasdaq: INTU), and Rocket Companies (NYSE: RKT), announced a first-of-its kind partnership in which Rocket Mortgage – the first fully digital mortgage experience – is now integrated into the Mint app via API to create a fast, simplified refinance experience for homeowners.
As part of this integration, Mint users are able to pre-fill information such as current mortgage information that they’ve added to their Mint profile. They are then able to seamlessly search for, apply and lock-in mortgage refinance rates with Rocket Mortgage in as few as eight minutes, instead of days or weeks – all powered by the Rocket Mortgage API. This is the first time the Rocket Mortgage experience has been directly integrated into a personal finance platform.
“Across the country, Americans are struggling with their finances as many face difficult
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Unprecedented visibility into the mortgage process to provide certainty and ensure a world-class experience for both the home buyer and their agent
DETROIT, Oct. 12, 2020 /PRNewswire/ — Rocket Companies (NYSE: RKT) today launched “Rocket Pro Insight”, a new technology platform providing real estate agents real-time updates on the status of their clients’ mortgages. Through both a website and mobile app, real estate professionals will have transparency into the loan experience. They are now able to see where each loan is in the process, the terms of their clients’ loans, if additional documentation is needed and when it will close.
“Our team is constantly leveraging the power of technology to streamline and simplify the mortgage process. Rocket Pro Insight is the latest innovation in a long line of FinTech tools we have created to improve the experience and give added confidence to our clients and their partners,” said Jay
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Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. I know this because this is what we’ve been talking about in our industry for the past decade. While big data and smart automation are still at the forefront of these conversations today, the focus has evolved.
When the concept of big data first emerged, it was a dream based on the need to centralize information so lenders could run analytics to gain insight into the nature of their evolving businesses and the changing demands of customers.
While we discussed the details, other industries, like healthcare, manufacturing and pharmaceuticals, were building out robust API infrastructures to pool information into big data centers. Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used.
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Stellar. In my opinion this is the only word to describe the performance of Scottish Mortgage Trust (LSE: SMT) in 2020. Up 80% in the past six months, the tech stock trust has generated a return to leave investors smiling.
Examining the underlying top holdings of the trust, the reason for the gains become clear. Underpinning the portfolio are giants of the tech stock genre. Tesla, Amazon, Netflix and Spotify are all featured in the top 10 holdings ,and have substantially increased in valuation since the low water mark of April this year.
Overall, my thoughts on the trust are positive. There are low annual charges and it is currently trading at a narrow discount. The management philosophy of James Anderson and Tom Slater is ‘the best potential, durable growth opportunities for the future’, an ethos that will chime with many Fool readers. Earlier this year, Paul Summers
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DETROIT, Sept. 22, 2020 /PRNewswire via COMTEX/ —
DETROIT, Sept. 22, 2020 /PRNewswire/ — Quicken Loans Mortgage Services (QLMS), the fastest growing mortgage lender serving brokers, community banks and credit unions, today announced a complete rebrand coming soon, and with it will come a massive step forward in the technologies and services it offers partners.
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QLMS will become Rocket Pro TPO (TPO representing “third party origination”) within the next 60 days, to closer align with Rocket Mortgage – the brand that has become ubiquitous in the mortgage lending space. This move gives its partners the opportunity to leverage the equity of the strongest name in personal finance, while accessing an entirely new suite of industry-revolutionizing technologies.
“Through the thousands of conversations we have had with our partners, we know brokers want cutting edge technology, marketing support and