William Banfield

Bill Banfield is the Chief Business Officer of RKT Holdings. In this role, Bill is responsible for overseeing critical business areas including Capital Markets, Mortgage Servicing and Government Affairs. Under Bill’s leadership, Rocket navigates the ever-evolving financial landscape, safeguarding the company’s interests while fostering growth. Bill’s team is responsible for creating innovative mortgage offerings that help more Americans responsibly achieve homeownership through low down payment options and special purpose credit programs. Rocket’s Capital Markets team also manages company’s interest rate risk – including loan pricing and securitization activity – while working closely with investors and the secondary market. Rocket Mortgage’s Servicing Team manages a portfolio exceeding $500 billion for 2.5 million clients. The team ensures that each of these clients receives the same award-winning service they expect from Rocket, from the day their loan closes until the final payment is made. The Government Affairs Team ensures Rocket Companies’ partners in government understand the current state of the mortgage market and how homeownership can be more accessible. Bill joined Rocket Mortgage in 1999, holding many leadership roles in Capital Markets over the last 25 years. Before Rocket, Bill served at MCA Mortgage and Lambrecht Mortgage Company. He earned an undergraduate degree in Finance from Western Michigan University. Bill serves on the Mortgage Bankers Association Board of Directors and is a sought-after commentator on mortgage and personal finance topics. He is frequently quoted by prestigious national media outlets such as The Wall Street Journal, The New York Times, The Washington Post, Bloomberg, Reuters and many more.