Rocket Reports Strong Q2 Results; Touts AI Results and Redfin Acquisition
By: Clarissa Garza | Published: 2025-07-31 23:28:00 | Source: www.rismedia.com
Rocket Companies—which recently acquired Redfin and is currently undergoing the acquisition of Mr. Cooper—continued to see high earnings results during its second quarter, as noted during its earning call July 31.
Rocket CEO Varun Krishna noted that he believes they are “building a foundation for infinite capacity at Rocket, where our growth is supercharged by AI, and human capacity is no longer a limiting factor.”
The company’s AI-powered capabilities is estimated to save its operations team over 20,000 hours annually. More than 80% of clients now choose to continue their application over AI chat, noted Krishna.
“What’s more is, clients who begin their journey in AI chat convert at three times higher rates for purchase applications and…
