“It was important for us as a company to go out there to the broker community and announce on Monday our Fee Freedom initiative, giving broker partners access to credit reports for free,” he said two days after the program launch. “You work in our portal, you’re pulling credit reports from our portal, you don’t have to pay for it. We’re talking about thousands and thousands and thousands of dollars in savings every month for the broker community.”
The nascent program is already a big hit, he noted: “I can’t tell you how many calls I’ve received in the last 48 hours,” Fawaz said. “And how many partners have called potential partners that have called saying ‘hey, I want to work with you because I see value in that. I can see you’re fighting the good fight, and we appreciate it.’”
By availing themselves of the program, brokers can direct more money back into their businesses, he added: “Fee Freedom is out there to give the broker community that freedom when it comes to relieving that burden as it relates to credit reports, and putting money back into their business,” he said. “So if you’re a broker partner out there – whether you’re with Rocket or not – you can save money with Rocket when it comes to credit reports, and you can take that money into a market where it’s needed the most and invest it into leads, marketing, payroll to continue to be successful in 2023.”
Freedom of movement
Fawaz has risen the ranks at Rocket since joining the company as a mortgage banker about a dozen years ago. Shortly after that, he became a team leader before being appointed as director of mortgage banking on Rocket’s retail side. About six years ago, he was transferred to the wholesale side. “I spent most of my career on the retail side, and it was fun to see what we could do on the wholesale side. It’s been an incredible journey.”
The word “freedom” has special resonance with Fawaz. Born in Liberia of parents who had escaped war-torn Lebanon, Fawaz detailed some of the struggles he shared with his parents and a sister before emigrating to the US in 1998. Liberia would also be ignited by the scourge of civil war, leading to the common sight of dead bodies in his midst.
Comments are closed, but trackbacks and pingbacks are open.