Items Tagged with 'Bill Emerson'

ARTICLES

  • Quicken Loans Vice Chairman Bill Emerson: Government used "extortionist tactics" to pursue "bogus" claims

    "This case was dismissed and there was zero finding of fault"
    On Friday, Quicken Loans and the DOJ reached a resolution over allegations that the nonbank’s FHA lending practices violated the False Claims Act. Quicken Loans Vice Chairman Bill Emerson told HousingWire in an exclusive interview that the nonbank did not admit to any guilt and that the government realized its "bogus" claims were baseless.
    Read More
  • Two channels battle for the purchase mortgage market

    Both sides showing very different strategies to success
    Last week, industry leaders gathered to share perspectives on rising rates, innovation and purchase origination at MBA Annual in Washington, D.C. and AIME FUSE in Las Vegas. All origination channels are facing the same market conditions, but market leaders are taking very different approaches to succeed in this rising rate, purchase-driven market.
    Read More
  • MBA Annual Alert: Quicken, loanDepot leaders see fintech barrier to Amazon buy-in

    Anthony Hsieh and Bill Emerson say mortgage space still has too much friction
    Rumors have long swirled that Amazon has eyes on the mortgage business, but industry leaders say it's unlikely the company will dive in just yet. At MBA's annual convention on Tuesday, Hsieh and Emerson said there's still too much chaos in the space, but predict that fintech is on the verge of changing all that.
    Read More
  • MBA Tech: What's next for the mortgage industry?

    Leaders of loanDepot, Quicken, PenFed and CBRE share their perspectives
    The companies represented by these executives are some of the most successful in our industry — or any industry. Their companies are diverse in size, scope and client base, but the executives have one thing in common — they see enormous opportunity in their employees and customers. Their vision is not limited to the current products or services that their current employees offer their current customers. In fact, these guys might disrupt more than just the mortgage industry.
    Read More
  • Quicken Loans names new CEO, Bill Emerson promoted

    Emerson to take an expanded role advocating for the mortgage industry
    Quicken Loans is switching up its leadership team, announcing three executive-level promotions on Friday, which includes longtime CEO Bill Emerson, effective immediately. In his 24 years with the company, Emerson not only oversaw the growth of the Quicken Loans, but he has also been a major spokesperson for the mortgage industry. And according to Quicken Loans, Emerson is only going to be a more prominent voice in the industry from here.
    Read More
  • Quicken Loans gets FHA loan violation lawsuit relocated to Detroit

    Quicken gets confident in its lawsuit
    In a major win for Quicken Loans, a judge granted the lender's request to move its landmark case with the Department of Justice and the Department of Housing and Urban Development to the Eastern District Court in downtown Detroit, the lender's backyard. But this is only the beginning in a case that features one of the top FHA lenders fighting back against the government.
    Read More
  • Speakers at MBA Annual focus on 3 changes coming to housing

    Get on the bus or get left behind
    The Mortgage Bankers Association opened conference activities with a talk to the industry, explaining some of the changes taking place. So who is renewing their call for a housing policy director at the White House, in order to represent the needs of the housing industry in Washington? Click here to find out.
    Read More
  • [video] Quicken Loans to HUD: You can't have it both ways

    The future of FHA lending?
    In the latest update on its fight with the government, Quicken Loans CEO Bill Emerson commented on a recent quote from Housing and Urban Development Secretary Julian Castro. To Quicken Loans, HUD can't ask for more people to lend as it decides to go after lenders for lending in the first place. Make sense?
    Read More
  • Is Detroit making a comeback?

    Quicken Loans fights for the city
    Detroit remains an elusive city that the country can't seem to define. Is it destined to be the next greatest city in the country or is the city better left a wasteland? The next five years might be a game changer for it.
    Read More