Items Tagged with 'Quicken Loans'

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  • Quicken Loans accuses United Wholesale Mortgage of waging smear campaign in battle for borrowers

    Quicken CEO: "We will expose their shady schemes"
    In a recent exchange of emails with HousingWire, Quicken Loans defended its business practices, saying more than 25 C2 Financial LOs were left upset and confused by the latest development, while also accusing AIME members of trying to undermine its operations, namely United Wholesale Mortgage. Read through and judge for yourself.
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  • Monday Morning Cup of Coffee: C2 Financial cutting ties with Quicken Loans this week

    Also, why do real estate agents sabotage online lenders?
    "We've been growing their business a while and we offer extremely competitive pricing. We thought we were doing a good job. C2’s owner, Ron Tomko, actually told us that himself, and we hadn’t heard any negative feedback until this decision," Quicken Loans CEO Jay Farner told HousingWire late Sunday night.
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  • One Reverse Mortgage launches proprietary product

    Say hello to HELO
    One Reverse Mortgage, a subsidiary of Quicken Loans, has joined the growing number of lenders with private reverse mortgage offerings. Its new HELO product provides borrowers access to up to $4 million of their equity and comes with fewer restrictions than the FHA product.
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  • Pen pals with your mortgage lender? Yeah, it's a thing

    Life is complicated. When underwriters have questions, they might reach out to you
    Did you know that underwriters often reach out to borrowers via letter? According to a piece in the Wall Street Journal, borrowers shouldn’t be surprised if they are asked to provide a letter of explanation or “comfort letter” to underwriters who are curious about mushy spots in their knowledge of the borrowers’ situations.
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  • Here are the top 5 mortgage servicers

    And what they’re doing right
    Despite recent technological advancements in the mortgage industry, servicers continue to fall behind in an already lagging industry. The latest survey from J.D. Power shows Americans are not impressed. But some mortgage servicers did stand out above the rest, here are the top five.
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  • Quicken Loans sister company In-House Realty acquires ForSaleByOwner.com

    This is Rock Holdings fourth fintech acquisition in under 18 months
    In-House Realty, which like Quicken Loans is a subsidiary of Rock Holdings, announced this week that it purchased ForSaleByOwner.com, a real estate site where homeowners can market their home. In-House Realty is a digital platform for matching consumers with real estate agents, and the move to acquire ForSaleByOwner.com appears to be part of a larger move to develop a one-stop shop for homebuyers and sellers.
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  • Quicken Loans reports lending growth in Q1, stays atop the leaderboard for the second consecutive quarter

    Quicken points to proprietary tech as a key driver in its growth
    Quicken Loans is feeling itself, announcing Wednesday that in the first quarter, for the second consecutive quarter, it has held onto the title of number one loan originator, posting a total of $20.5 billion in loan originations. This is a 5% jump year-over-year, and Quicken points to its proprietary tech as the wind in its sails.
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  • BOK Financial joins Roostify's ranks of digital mortgage approvers

    As the mortgage industry continues to move toward digitization, Roostify cleans house
    The digital floodgates have opened, and another lender is in the process of developing a digital loan application platform with Roostify. Lender BOK Financial announced that it will be rolling out a digital loan application platform with Roostify's help. Roostify continues on its tear of lender gets as the mortgage industry runs toward digitization.
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