One of the nation’s top lenders has set ambitious goals to increase its market share in both purchase mortgages and refinancing. The lender, currently holding the third-largest position in the market, is aiming to double its share in purchase mortgages to 8% and expand its presence in refinancing to 20%. This strategic move indicates the lender’s commitment to growing its business and capturing a larger portion of the mortgage market.
Key points:
– Nation’s third-largest lender
– Goal to double market share in purchase mortgages to 8%
– Aim to expand refinance share to 20%
– Strategic move to grow business and increase market presence
– Indicates lender’s commitment to capturing a larger portion of the mortgage market
You can read this full article at: https://www.housingwire.com/articles/rocket-mortgage-plans-to-double-its-purchase-market-share-by-2027/(subscription required)
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