05/09/2025
https://www.realestatenews.com/2025/03/31/first-redfin-now-rocket-acquires-major-mortgage-rival
Business cycle consolidation occurs when growth in an industry slows and companies merge or acquire other companies to increase their market share and offer new services.
Rocket makes $9.4 billion move to buy Mr. Cooper and “bring together the homeownership experience at scale” — posing a bigger threat to Zillow’s “super app.”