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Rocket Mortgage has a pretty modern stack, and they make good use of third party API’s to aid their processing. There’s an entire fintech ecosystem that are pro
by dodgerdan 4y ago
Rocket Mortgage has a pretty modern stack, and they make good use of third party API’s to aid their processing. There’s an entire fintech ecosystem that are providers for mortgage providers like Rocket Mortgage that could be impacted if this turns into a trend.
- bluedino 4y agoThey are also 'it' when it comes to Detroit for information technology, unless you count Compuware.
- acjohnson55 4y agoThat ecosystem is already being impacted. Blend is one of the more cutting edge service providers and their stock has been in freefall since IPO in July last year. I believe they bill on a per-loan basis, so they rise and fall with the mortgage industry. https://finance.yahoo.com/quote/BLND/ https://finance.yahoo.com/quote/BLND/