It says the strikes ought to boost its web interest margin, which has declined in nearly every quarter since the begin of the pandemic. So Figure launched its direct-to-consumer lending business as a way to prove the expertise works and force mortgage buyers to start using it. “That private-label securitization market would have been reined in a bit,” Bair stated. Rocket Companies, which is made up of several Dan Gilbert corporations, including No. 1-ranked Rocket Mortgage, final week reported $1 billion in net income on $2.7 billion in revenue for the second quarter.