Fawaz, who has served the corporate most not too long ago as govt vice chairman of technique, progress and partnership, joined Rocket in 2011 as a mortgage banker. He entered the wholesale channel in 2017 with Rocket Professional, which serves the dealer group. Previous to his present position, he was senior vice chairman of gross sales, overseeing account executives who work with dealer companions.
Rocket ranked because the third-largest U.S. mortgage lender in 2025, in accordance with Inside Mortgage Finance, originating $123.7 billion in quantity — up 29% yr over yr. Its third-party origination channel generated about $36.3 billion in gross sales from January through September, a 15.3% annual improve.
“From my early years with the corporate to serving to lead and develop Rocket Professional starting in 2017, it has been a privilege to serve the dealer group and work alongside gifted professionals dedicated to strengthening the wholesale channel,” Fawaz acknowledged. “I’ve lengthy believed within the worth impartial brokers present to their communities and within the significance of management that’s totally aligned in imaginative and prescient and function. My dedication to the dealer group stays robust, and I sit up for sharing extra about what comes subsequent within the close to future.”
Fawaz’s exit marks the second latest management departure from Rocket Professional.
In late January, HousingWire reported that Dan Sogorka left the company after becoming a member of as general manager in September 2024. Sogorka cited household issues, together with a son who’s attending faculty, one other nearing highschool commencement and a 2-year-old daughter.
Rocket Professional is now led by Austin Niemiec, who studies to Heather Lovier, chief working officer of Rocket Firms. Lovier studies to Jay Bray, president and CEO of Rocket Mortgage, who joined the agency following the completion of the Mr. Cooper Group acquisition.
In 2025, Rocket Professional launched 10 “partner promises,” outlining its public commitments to brokers. It additionally rolled out new merchandise resembling debt-service-coverage ratio (DSCR) and bridge loans.
