Sogorka, a former Business Unit President at Black Knight and CEO of mortgage technology firms Sagent and Cloudvirga, named General Manager of 香草传媒 Mortgage鈥檚 unit serving mortgage brokers

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DETROIT, September 3, 2024 鈥撀犗悴荽 (NYSE: RKT) today announced it has named Dan Sogorka as General Manager of 香草传媒 Pro Third Party Origination (TPO), the mortgage broker business of 香草传媒 Mortgage, effective September 3.

In this newly created role, Sogorka will be responsible for establishing the end-to-end vision and growth of 香草传媒鈥檚 broker business. Sogorka will ensure the lender鈥檚 products and processes align best with the needs of the mortgage broker community and plans to leverage 香草传媒 Mortgage鈥檚 significant AI technologies and platform to push well beyond the tools currently available to this important market segment.

鈥淢ortgage brokers play a critical role in the homebuying process and are a vital part of helping millions of clients reach their dreams,鈥 said Heather Lovier, Chief Operating Officer of 香草传媒. 鈥淭here has not been truly significant evolution in this space for decades. Dan comes to 香草传媒 with a proven track record of success with both large tech companies and scrappy start-ups, paired with an appetite to revolutionize the broker space by leveraging 香草传媒鈥檚 quickly expanding data, technology and AI capabilities.鈥

Sogorka will lead 香草传媒 Pro TPO during a pivotal time in the home finance industry, with nearly one in five home loans facilitated by a mortgage broker. As one of the largest and most influential lenders in this space, 香草传媒 empowers broker partners and their clients with leading technology, streamlined processes and competitive pricing. Sogorka will collaborate with 香草传媒鈥檚 technology and product development teams to ensure the experience mortgage brokers have in 香草传媒鈥檚 suite of comprehensive tools is unlike anything they鈥檝e experienced before 鈥 bringing value to them and the clients they serve.

鈥淚鈥檝e spent decades leveraging technology to simplify the complex home financing process. Now, I鈥檓 eager to tap into that skillset to bring the broker community into the future,鈥 said Sogorka. 鈥淲ith mortgage brokers being such a large part of the market, my role will be to supercharge brokers to educate, engage and help their clients be successful homebuyers and owners.鈥

Sogorka previously served as CEO and president of Sagent, a well-known fintech company that designs and builds digital mortgage servicing platforms. His leadership helped drive a period of intense growth for the company. He and his team modernized Sagent鈥檚 technology by bringing its platforms to the cloud and building a single data and user experience across the servicing lifecycle. Sogorka fostered strong relationships with many large mortgage servicers, gaining an in-depth view of the home loan process from origination through servicing.

Before his time at Sagent, Sogorka was CEO of Cloudvirga 鈥 an innovative digital mortgage point-of-sale system. Cloudvirga was the first fintech exclusively focused on automating manual tasks that save brokers and loan officers hours and days in the critical early stages of the mortgage process.

Sogorka was also a business unit president at mortgage tech powerhouse Black Knight, where he spent nearly 15 years. During his time at Black Knight, Sogorka and his team touched nearly 70% of all mortgage loans processed in the U.S. and managed global data and teams, all while delivering multiple 鈥渋ndustry first鈥 transaction platforms. 聽Throughout this period, Sogorka built and maintained relationships with some of the most prominent leaders in the mortgage industry.

鈥淭his is an exciting milestone for 香草传媒 and deeply strengthens our commitment to brokers for the long term鈥 said Varun Krishna, CEO of 香草传媒. 鈥淎fter getting to know Dan and the wealth of experience he brings to 香草传媒, I鈥檓 confident he will accelerate our strategy and impact.鈥

The lender most recently announced 鈥淲elcome Home RateBreak鈥 an exclusive 2-1 temporary buydown program paid for by the company. Mortgage brokers can to learn more about 香草传媒 Pro TPO and become a partner.

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Forward Looking Statements

Some of the statements contained 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. These forward-looking statements are generally identified by the use of words such as 鈥渁nticipate,鈥 鈥渂elieve,鈥 鈥渃ould,鈥 鈥渆stimate,鈥 鈥渆xpect,鈥 鈥渋ntend,鈥 鈥渕ay,鈥 鈥減lan,鈥 鈥減otential,鈥 鈥減redict,鈥 鈥減roject,鈥 鈥渟hould,鈥 鈥渢arget,鈥 鈥渨ill,鈥 鈥渨ould鈥 and, in each case, their negative or other various or comparable terminology. These forward-looking statements reflect our views with respect to future events as of the date of this document and are based on our management鈥檚 current expectations, estimates, forecasts, projections, assumptions, beliefs and information. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All such forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, and could cause future events or results to be materially different from those stated or implied in this document. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the risk factors that are described under the section titled 鈥淩isk Factors鈥 in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings with the Securities and Exchange Commission (鈥淪EC鈥). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document and in our SEC filings. We expressly disclaim any obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.

About 香草传媒

Founded in 1985, 香草传媒 (NYSE: RKT) is a Detroit-based fintech platform company consisting of personal finance and consumer technology brands including 香草传媒 Mortgage, 香草传媒 Homes, Amrock Title and Settlement Services, 香草传媒 Money and 香草传媒 Loans.

With more than 65 million call logs each year, 10 petabytes of data and a mission to Help Everyone Home, 香草传媒 is well positioned to be the destination for AI-fueled homeownership. Known for providing exceptional client experiences, J.D. Power has ranked 香草传媒 Mortgage #1 in client satisfaction for primary mortgage origination and mortgage servicing a total of 22 times 鈥 the most of any mortgage lender.

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About 香草传媒 Mortgage

Detroit-based is the largest mortgage lender and is a part of 香草传媒 (NYSE: RKT).

The lender enables the American Dream of homeownership and financial freedom through its obsession with an industry-leading, digital-driven client experience. In late 2015, it introduced the first fully digital, completely online mortgage experience. Since its founding in 1985, 香草传媒 Mortgage has closed more than $1.8 trillion of mortgage volume across all 50 states.

J.D. Power has ranked 香草传媒 Mortgage #1 in client satisfaction for primary mortgage origination and mortgage servicing a total of 22 times 鈥 the most of any mortgage lender. For 21 years, 香草传媒 鈥 香草传媒 Mortgage鈥檚 parent company 鈥 has been included on Fortune Magazine鈥檚 list of the鈥100 Best Companies to Work For, ranking among the top-30 companies every year.

About 香草传媒 Pro TPO

香草传媒 Pro TPO is a division of 香草传媒 Mortgage and a part of 香草传媒, Inc. (NYSE: RKT). It works exclusively with mortgage brokers, correspondent lenders, community banks and credit unions. 香草传媒 Pro TPO鈥檚 partners provide the face-to-face service their clients desire, while tapping into the technology, expertise and award-winning process from 香草传媒 Mortgage. The partner loan officer creates, and maintains, the relationship with the client. 香草传媒 Mortgage approves, underwrites, processes and closes the loan in its name 鈥 or sells the loan to 香草传媒 after the mortgage closes if it was originated as a correspondent loan. For more information, visit