...Rocket Mortgage is making some big moves
They are in the process of acquiring Redfin
They are also in the process of acquiring Mr Cooper
They are quickly becoming
The proverbial 10,000 pound gorilla
Its such an interesting play
A Gigantic mortgage company
adds on a large real estate company
with a super sized online presence
and then goes a step further
by also adding on the largest mortgage servicing company
clearly they are looking to be the most complete
end to end service provider
in the combined real estate/mortgage space
which can be really good
or not so good for consumers
for those looking for these services
Rocket is wagering that people will want
a 1 stop shopping platform
I sense that there will be a segment of that audience
that will prefer to create their own experience
and select each provider on their own
and avoid the bundled service package
today's show talks about the impact of this move
