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Rocket Mortgage to exit Canada, shift focus to US

Rocket Mortgage is shutting down its Canadian operations as the company refocuses on its core U.S. business, with plans to complete the exit by June 27, the Detroit-based lender announced Thursday.

The move will reportedly not affect Rocket’s other Canadian ventures, including Lendesk in Vancouver and Rocket Innovation Studio in Windsor, Ontario.

“We want to assure our clients that all loans in process will proceed without issue, and we remain committed to supporting them through this transition,” Rocket Mortgage said in a statement. “While this means stepping away from our lending business in Canada, we thank our team members who details ⇒

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