Rocket Mortgage, LLC, formerly Quicken Loans, LLC, is an American mortgage lender, headquartered in Detroit, Michigan. Rocket Mortgage uses wholesale funding for loans and online applications as opposed to a branch system. From Wikipedia
The acquisition will expand Rocket’s mortgage servicing portfolio to $2.1 trillion, representing one in six U.S. mortgages, and follows its recent $1.75 billion purchase of Redfin.
