Home » Short Takes: FHA Worries About Self-Employed Borrowers / CHLA Not Happy / Extend the GSE Capital Comment Period? / Out of the Mothballs / HUD Document Woes? / Correction: Rocket’s True Value: Huge
Short Takes: FHA Worries About Self-Employed Borrowers / CHLA Not Happy / Extend the GSE Capital Comment Period? / Out of the Mothballs / HUD Document Woes? / Correction: Rocket’s True Value: Huge
According to the S-1 initial public offering documents filed with the SEC, Rocket’s total share count (public and private) is roughly 1.9858 billion shares. At $22 a unit (the upper end of the range) that works out to a cool $43.69 billion. In short: Wow.