Sogorka, former president of the commercial division at Black Knight and president of mortgage technology companies Sagent and Cloudvirga, has been named General Manager of the Rocket Mortgage division that serves investors.
Click here to download the high resolution key
DETROIT, September 3, 2024 /PRNewswire/ — The Rocket Company (NYSE: RKT) today announced that it has announced its In Sogorka as managing director of Rocket Pro’s third party (TPO), Rocket Mortgage’s broker business, is effective. September 3.
In this newly created role, Sogorka will be responsible for creating an end-to-end vision for Rocket’s retail business. Sogorka will ensure that the lender’s products and processes are best suited to the needs of mortgage brokers and plans to incorporate Rocket Mortgage’s key AI technology into the platform to improve efficiency beyond devices. present in this important market area.
“Mortgage brokers play an important role in the home buying process and are an important part of helping millions of customers achieve their dreams,” said. Heather LovierCEO of a rocket company. “There hasn’t been a real evolution in this space for decades. Dan comes to Rocket with a track record of success with both large technology companies and startups, combined with a passion to transform spaces that sales by deploying Rocket software, technology and AI power.”
Sogorka will lead Rocket Pro TPO at a critical time in the home finance industry, with nearly one in five home loans being broker-backed. As one of the largest and most influential lenders in this space, Rocket provides its retail partners and customers with leading-edge technology, processes and competitive pricing. Sogorka will work closely with Rocket’s technology and product development teams to ensure that the experience lenders have within the complete Rocket app is unlike anything they’ve had before – bringing them to their customers value information.
“I’ve spent decades using technology to simplify the complex real estate finance process. Now, I’m eager to tap into that expertise to bring the retail community into the future,” said Sogorka. said. “Since mortgage brokers are such a large part of the market, my role will be to support brokers to educate, engage and help their customers become homebuyers. and successful landlords.”
Sogorka previously served as CEO and CEO of Sagent, a leading fintech company that designs and builds digital remittance platforms. His leadership helped make the company a great success. He and his team innovated Sagent’s technology by bringing its platforms to the cloud and building a single data and user experience across the service lifecycle. Sogorka fostered strong relationships with many of the largest mortgage lenders, gaining an in-depth understanding of the mortgage process from inception through operations.
Prior to his time at Sagent, Sogorka was the CEO of Cloudvirga – a new digital investment platform. Cloudvirga is the first fintech focused solely on automating manual tasks that save brokers and loan officers hours and days during the critical early stages of the loan process.
Sogorka is also the head of business at Black Knight’s delivery technology company, where he has been for nearly 15 years. During his time at Black Knight, Sogorka and his team have touched nearly 70 % of mortgage loans in the US and manage data with a global team, all while delivering many “industry first” business processes. Throughout this period, Sogorka built and maintained relationships with some of the most prominent leaders in the mortgage industry.
“This is an exciting move for Rocket and strengthens our long-term commitment to our customers.” Varun KrishnaCEO of Rocket Companies. “After knowing Dan and the wealth of experience he brings to Rocket, I am confident that he will accelerate our strategy and impact.”
The lender recently announced a “Welcome Home RateBreak” company-paid 2-1 short-term purchase program. Mortgage brokers can click here to learn more about Rocket Pro TPO and become a partner.
Forward-Looking Statement
Certain statements 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. Forward-looking statements are identified by the use of words such as “expect,” “believe,” “may,” “plan,” “anticipate,” “intend,” ” may,” “plan,” “could,” “prospect,” “project,” “should,” “intended,” “will,” “shall” and, in each case, negative or These forward-looking statements reflect our views about future events as of the date of this document and are based on our management’s current expectations. plans, forecasts, estimates, beliefs and information. Although management believes that the expectations expressed in the forward-looking statements are reasonable, it cannot provide assurance that the expectations All such forward-looking statements are subject to risks and uncertainties, many of which are beyond our control, and may cause events to occur. are future events that differ materially from those stated or expressed in this document. It is impossible to predict or determine all such risks but not limited to, the risks described under the section titled “Risks” in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and filings others at the Securities and Exchange Commission (“SEC”). These statements should not be construed as exhaustive and should be read in conjunction with other cautionary statements contained in this document and in our SEC filings. We expressly disclaim any obligation to update or revise any forward-looking statements publicly, whether as a result of new information, future developments or otherwise, except as the law requires.
About the rocket industry
Founded in 1985, Rocket Companies (NYSE: RKT ) is a Detroitbased fintech companies with personal finance and consumer technology brands including Rocket Mortgage, Rocket Homes, Amrock Title and Settlement Services, Rocket Money and Rocket Loans.
With more than 65 million call records per year, 10 petabytes of data and information to help everyone at home, Rocket Company is well positioned to become the home AI acquisition. Known for providing an exceptional customer experience, JD Power has ranked Rocket Mortgage #1 in customer satisfaction for its first mortgage loan offering a total of 22 terms – the most of any lender.
For more information, please visit our corporate website or our Investor Relations website.
About the Mortgage Rocket
Detroit-based Rocket Mortgage is the largest mortgage lender and is part of Rocket Corporation (NYSE: RKT).
The lender is helping Americans achieve the dream of home ownership and financial freedom through its passion for an industry-leading, digital customer experience. In late 2015, it introduced its first fully digital, completely online delivery experience. Since its founding in 1985, Rocket Mortgage has accomplished more $1.8 trillion of mortgages across all 50 states.
JD Power has voted Rocket Mortgage #1 in customer satisfaction for first mortgages offering a total of 22 terms – the most of any lender. For 21 years, Rocket Company – the parent company of Rocket Mortgage – has been included in Fortune Magazine’s list of the 100 best companies to work for, ranking among the top 30 companies every year.
About Rocket Pro TPO
Rocket Pro TPO is a division of Rocket Mortgage and part of Rocket, Inc. (NYSE: RKT). He works exclusively with brokers, lenders, local banks and credit unions. Rocket Pro TPO Partners provide the face-to-face service their clients need, while leveraging the technology, expertise and winning process from Rocket Mortgage. A loan officer partner creates, and maintains, a relationship with the client. Rocket Mortgage approves, underwrites, processes and closes the loan on its behalf – or sells the loan to Rocket after the mortgage defaults if it started out as an underwriter’s loan. For more information, visit RocketProTPO.com
View original content to download multimedia: https://www.prnewswire.com/news-releases/mortgage-technology-veteran-dan-sogorka-to-lead-rockets-broker-business-into-ai-driven-revolution-302234772 .html
The position of Rocket Companies, Inc.
#Mortgage #technology #veteran #Dan #Sogorka #leading #Broker #Rockets #business #AIdriven #transformation