Fred Liu on X
@MackinacCap Right, I'm just wondering why $RKT stock would be down -13% on this. Seems the wrong reaction?
Saturday, January 31
Saturday, January 31, 2026
Everything we published on this day.
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Fred Liu on X
Going thru PennyMac earnings... why is this not bullish for Rocket Mortgage $RKT? $PFSI is down on accelerated prepayments, and lacking the capacity to recapture them. Meanwhile $RKT's been embracing AI / tech to grow capacity per loan officer, and not needing additional headcount in the next cycle. $RKT also has 80% recapture rate, so their own MSR business should be protected. What are the odds these refinancing's flowed to $RKT, and they meaningfully grew market share this quarter? Am I missing something?
