Exclusive: Mike Fawaz announces departure from Rocket Pro
Mike Fawaz said Monday that he’s departing Rocket Pro after roughly 15 years with the company and plans to announce his next steps in March.
“After nearly 15 years, I have made the thoughtful decision to step away from Rocket,” Fawaz said in a statement given to HousingWire. “After significant reflection, I believe this is the right time for me to pursue the next chapter of my career. I am proud of what we accomplished together and grateful for the partnerships, relationships and customers served over these nearly 15 years.”
Fawaz, who has served the company most recently as executive vice president of strategy, growth and partnership, joined Rocket in 2011 as a mortgage banker. He entered the wholesale channel in 2017 with Rocket Pro, which serves the broker community. Prior to his current role, he was senior vice president of sales, overseeing account executives who work with broker partners.
Rocket ranked as the third-largest U.S. mortgage lender in 2025, according to Inside Mortgage Finance, originating $123.7 billion in volume — up 29% year over year. Its third-party origination channel generated about $36.3 billion in sales from January through September, a 15.3% annual increase.
“From my early years with the company to helping lead and grow Rocket Pro beginning in 2017, it has been a privilege to serve the broker community and work alongside talented professionals committed to strengthening the wholesale channel,” Fawaz stated. “I have long believed in the value independent brokers provide to their communities and in the importance of leadership that is fully aligned in vision and purpose. My commitment to the broker community remains strong, and I look forward to sharing more about what comes next in the near future.”
Fawaz’s exit marks the second recent leadership departure from Rocket Pro.
In late January, HousingWire reported that Dan Sogorka left the company after joining as general manager in September 2024. Sogorka cited family considerations, including a son who’s attending college, another nearing high school graduation and a 2-year-old daughter.
Rocket Pro is now led by Austin Niemiec, who reports to Heather Lovier, chief operating officer of Rocket Companies. Lovier reports to Jay Bray, president and CEO of Rocket Mortgage, who joined the firm following the completion of the Mr. Cooper Group acquisition.
In 2025, Rocket Pro introduced 10 “partner promises,” outlining its public commitments to brokers. It also rolled out new products such as debt-service-coverage ratio (DSCR) and bridge loans.