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Home | Tag Archives: Quicken Loans

Tag Archives: Quicken Loans

Nonbank Lenders Becoming Draw for IT Professionals

Quicken Loans was recently ranked the No. 1 large company to work for in the information technologies industry for the fourth year running. The added popularity of nonbank lenders in both the market and the employment sector has been attributed in part to not being tied down to the same regulations banks are and having more opportunities to originate different types of loans. By the end of 2016, six of the nation’s top 10 lenders were nonbanks.

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DOJ Sues Quicken Loans for Alleged Improper Underwriting Practices

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Less than a week after Quicken Loans sued the Department of Justice and HUD, accusing them of coercing the Detroit-based lender into making false statements, the DOJ filed a lawsuit against Quicken accusing the lender of improperly originating and underwriting FHA-insured mortgages, according to an announcement from the DOJ on Thursday afternoon.

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