Austin Niemiec
Austin Niemiec is the executive vice president of Rocket Pro TPO, the wholesale lending division of Rocket Mortgage.
Niemiec has played a lead role in building Rocket Pro TPO into the second-largest wholesale lender in the country, a growth spurt that comprises a significant piece of Rocket Mortgage’s overall loan volume. Rocket Pro TPO made up nearly a third of Rocket’s loan volume through the third quarter of 2021, closing $87.8 billion in loans.
Niemiec has consistently been an outspoken advocate of protecting mortgage brokers’ freedom of choice within the wholesale industry. His most recent stand came in March 2021, when one of Rocket Pro TPO’s chief rivals issued an ultimatum within the industry, disintegrating partnerships with broker shops that also did business with Rocket Pro TPO.
Niemiec was one of the industry’s leaders in offering a 50-basis point credit to consumers – named by Rocket Pro TPO as a “Freedom Credit – when the FHFA removed its adverse market refinance fee in August 2021.
Early in 2021, Rocket Pro TPO televised a national commercial during the Super Bowl that called attention to mortgage brokers. It was the first national ad to highlight brokers.
Also in March 2021, Niemiec announced that Rocket Pro TPO had committed $100 million specifically to the development of broker technology in 2021. One of the most recent examples was the launch of its Pricing Calculator, which allows users to price out loan options and easily compare different products.
Latest Posts
Inside Rocket’s new strategy to win over mortgage brokers
Sep 22, 2020Just two months after its public debut, Rocket Companies is looking to bulk up its wholesale operation by sweetening the pot for mortgage brokers.
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Now is the time to double down on diversity and inclusion efforts
Aug 04, 2020 2:39 pm -
Quicken Loans’ Austin Niemiec: Anthony Casa was not provoked before he sent sexist video messages
Jul 15, 2020 -
Spouse of Quicken Loans executive sues AIME’s Anthony Casa for defamation
Jul 12, 2020 -
How brokers can take advantage of the summer home-buying season
Jun 03, 2020 5:32 pm -
Quicken Loans’ Austin Niemiec on forbearance, refinancing and wholesale lending
May 19, 2020 -
Adaptability and innovation are key for brokers to survive coronavirus market
Apr 02, 2020 12:31 pm -
The key to capitalizing on a refi boom is preparation and great partnerships
Apr 01, 2020 12:02 am -
Hot Seat: Austin Niemiec of Quicken Loans Mortgage Services
Sep 30, 2019 11:59 pm -
Hot Seat: Austin Niemiec of Quicken Loans on partnering with mortgage brokers
Sep 03, 2019 12:01 am -
Quicken Loans Mortgage Services names new executive vice president
Jun 19, 2019