Rocket Mortgage's partnership with Annaly Capital Management marks a significant strategic move, uniting two large players in the mortgage servicing industry to enhance operational efficiencies.
Rocket's chief business officer highlighted the firm's dedication to fostering long-term relationships with clients, indicating that their comprehensive homeownership services include budgeting, credit building, home financing, and ongoing servicing.
Annaly's president noted how the partnership allows them to leverage Rocket's strong servicing capabilities and impressive recapture rates, ultimately enhancing the client experience for mortgage holders.
With an impressive recapture rate of 85% compared to the industry average, Rocket is poised to effectively manage a substantial portfolio of Annaly's mortgage servicing rights.
#mortgage-servicing #real-estate-investment-trust #rocket-mortgage #annaly-capital-management #homeownership
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