Quicken Loans parent expects profit to surge ahead of U.S. IPO - Reuters

8:46am PDT - July 17th, 2020    mortgage rates - Reuters

Rocket Companies Inc said on Friday it expects a profit of more than $3 billion in the second quarter compared to a loss a year earlier, as the parent company of the U.S. mortgage lender Quicken Loans gears up for an initial public offering (IPO).