Quicken Loans Wins Inaugural Online Originator Award from Mortgage Technology Magazine

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Detroit-based mortgage lender honored for technology, speed and interaction.

Quicken Loans Inc., the nation’s largest online retail mortgage lender of refinance and purchase home loans, is the inaugural winner of the 2011 Online Originator Award by Mortgage Technology Magazine. The award honors a lender with a comprehensive strategy for using Web-based technologies to attract borrowers and convert them into closed loans. Representatives accepted the award at the Mortgage Technology Awards in Chicago, on October 9, 2011. Quicken Loans was also nominated for the Harnessing Mobile Award and received a commendation.

“Our technology-driven and process-focused home loan lending platform continues to separate itself from the entire industry with its unparalleled capacity, speed, geographic reach, and most important, client experience,” says Quicken Loans chairman Dan Gilbert.

Receiving loan inquiries from online partners, direct traffic, organic search, email and social media, Quickenloans.com offers clients real-time loan comparison and interactive tools. The company prides itself on communicating to clients with proactive loan status updates and technology that accelerates the entire process, allowing loans to close in less time than most other lenders.

Mortgage applicants can go to Quickenloans.com to open a My Quicken Loans account to sign documents, download information, upload paperwork and monitor their home loan progress in real-time. In addition, the MyQL Mobile application includes a to-do list of required items, a camera tool to photograph and submit necessary documents, and the ability to import closing dates and locations to calendar tools.

In its 12th year, the Mortgage Technology Awards have earned a respected reputation for recognizing innovative technology developers and users that promote efficient and cost-effective lending practices.

About Quicken Loans Inc:
Quicken Loans Inc. is the nation’s largest online retail mortgage lender and among the five largest overall retail home lenders in the United States. The company closed a record $29 billion in retail home loan volume across all 50 states in 2010, and closed its 1 millionth loan. Quicken Loans generates loan production from five web centers located in Detroit, Ohio and Arizona. The company also operates a centralized loan processing facility in Detroit as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power and Associates for 2010. “QuickenLoans.com” has been named “Best of the Web” by Forbes and Money magazines. The company also has been named to FORTUNE magazine’s list of the country’s “100 Best Companies To Work For” eight consecutive years, ranking as high as #2, and named in the Top-15 of Computerworld magazine’s “100 Best Places to Work In Technology” for seven years in a row. Quicken Loans ranked #1 in the Detroit Free Press’ ‘Top Workplaces of 2010’ List. The company moved its headquarters to downtown Detroit in 2010 and now has more than 3,000 of its nearly 4,500 team members in the city. For more information about Quicken Loans, visit http://www.quickenloans.com.

About Rock Holdings Inc:
Rock Holdings Inc. is the parent company for several financial services related businesses and employs more than 4,000 team members. These client-focused and technologically-driven companies include Quicken Loans, the nation’s largest online home lender and One Reverse Mortgage unit, the fastest growing reverse mortgage lender in America; Title Source, a nationwide leader of title insurance, property valuations and settlement services; Quicken Loans Mortgage Services (QLMS), a mortgage origination platform servicing community banks and credit unions across the country; In-House Realty, the preferred real estate partner of Quicken Loans that matches clients with trusted real estate agents in all 50 states; and, Quizzle.com, the online innovator and website where consumers manage their home, money and credit. Rock Holdings, Inc. also recently moved its headquarters to downtown Detroit.


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Victoria Araj
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