Rocket Mortgage and Annaly Capital Management, Inc. Enter Strategic Subservicing Relationship
"Rocket is committed to the entire homeownership experience from budgeting and credit building, to home search, financing and servicing. We truly believe in building relationships with our clients that last a lifetime – whether through new mortgages or servicing loans," said
Rocket Mortgage has ranked highest for client satisfaction in
One of the factors that contribute to Rocket's industry-leading client satisfaction is the company's technology driven philosophy. Rocket's artificial intelligence (AI) tools have resulted in first call resolutions of more than 60%. Another Rocket-exclusive AI-driven tool,
"Annaly is pleased to enhance its mortgage servicing rights platform with our new relationship with Rocket," remarked
Annaly is a leader across housing finance with nearly
Rocket Mortgage is expected to begin servicing loans for Annaly as early as
Forward Looking Statements
Some of the statements contained in this document are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are generally identified by the use of words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and, in each case, their negative or other various or comparable terminology. These forward-looking statements reflect the respective views of Rocket or Annaly with respect to future events as of the date of this document and are based on such company's management's current expectations, estimates, forecasts, projections, assumptions, beliefs and information. Although the management of Rocket or Annaly respectively believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All such forward-looking statements are subject to risks and uncertainties, many of which are outside of Rocket's or Annaly's respective control, and could cause future events or results to be materially different from those stated or implied in this document. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled "Risk Factors" in the Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings with the
About Rocket Mortgage
The lender enables the American Dream of homeownership and financial freedom through its obsession with an industry-leading, digital-driven client experience. Since its founding in 1985, Rocket Mortgage has closed more than
About Annaly
Annaly is a leading diversified capital manager with investment strategies across mortgage finance. Annaly's principal business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Additional information on the company can be found at www.annaly.com.
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SOURCE Rocket Mortgage