About
Mortgage rates are high -- and so are home prices. Who can afford to buy a house right now? And what are mortgage lenders doing to address affordability? MarketWatch housing reporter Aarthi Swaminathan speaks with Rocket Companies CEO Jay Farner.



Presenters
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Aarthi Swaminathan
Personal Finance Reporter, MarketWatch
Aarthi Swaminathan is a personal finance reporter covering real estate at MarketWatch. She was previously with Yahoo Finance in New York and CNBC in Singapore. She has a master's degree in business journalism from New York University.
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Jay Farner
Chief Executive Officer and Vice Chairman of the Board, Rocket Companies
Jay Farner is Chief Executive Officer and Vice Chairman of the Board for Rocket Companies. Jay has been with Rocket Mortgage – a part of Rocket Companies and the nation’s largest mortgage lender – since 1996. Jay is also the CEO for Rocket Central – the centralized hub for the Rocket Companies fintech platform.

With more than 25 years of experience at Rocket, Jay has a unique perspective and understanding of the tech-driven business model, culture, history and strategic vision. Throughout his tenure, Jay has provided strong leadership for the company through many economic cycles, continued channel diversification and an IPO in 2020. His responsibility as the visionary for Rocket Companies’ growth, coupled with his industry expertise, gives him critical insight into trends and strategy to fuel future success. Jay drives the vision for the Rocket Companies ecosystem, ensuring is a consistent, seamless experience for clients across the Rocket platform.

Jay serves as a board member of Michigan State University’s Broad College of Business, Detroit Labs LLC, Community Solutions, StockX, Bedrock Manufacturing, Rock Ventures LLC, Bedrock Detroit, the Metropolitan Detroit YMCA and Rocket Giving Fund (where he serves as President).

Jay earned a bachelor’s degree in finance from Michigan State University.
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