Last week there was an increase in demand for home purchase loans which in turn pushed mortgage applications higher. CNBC’s article, “Home Loan Demand Nudges Higher in Latest Week” discusses the increase in mortgage applications and how it will affect the U.S. housing market, which is still very vulnerable. Bill Emerson the CEO of Quicken Loans was interviewed and had this to say:
“The lofty level of homes either on the market for sale or about to hit the market through foreclosures and short sales are the biggest threat to the U.S. housing market.
‘This inventory will pressure prices, so many people are sidelined right now, waiting for prices to fall further,’ he said.”
To see more about what Bill has to say and about the increase in mortgage applications check out CNBC’s article.
Today’s review of the day is from Viewpoints member upst8sc41 – “We were looking to refinance to a lower rate and wanted to do a 15 yr fixed term. Our loan representatives at Quicken made the process very easy. What we liked the most was being able to scan in all the documents they needed and upload them to their secure site. Also being able to sign things electronically during the application process just saved time. And we were updated every step of the way. Once we were ready to close, they set it up and had the closing agent come to our house on our schedule to sign the closing documents. It was a great, streamlined process and I highly recommend them.”
To see this review live click here or so see more Quicken Loans reviews visit Viewpoints.
Today, March 9, 2010, Quicken Loans will be hosting a career fair that is open to the public. The company is looking to fill several types of positions from mortgage bankers to technology professionals and marketers.
Today’s fair will be held at the Quicken Loans headquarters in Livonia, Michigan, at 20555 Victor Parkway and will run from 4 to 7 PM. To find out more about the career fair visit the Channel 4 News article “Quicken Loans Holds Hiring Fair” or to see some of the available positions check out Quicken Loans Career site.
The loss of a loved one is an extremely difficult time, both emotionally and financially. The Quicken Loans Home Loan U Guide to Managing Your Finances After Loss of a Loved One will help you consider the financial resources you may need during this time. Read on to learn about managing funeral and other related expenses, protecting your home and family, maximizing your cash flow, and planning for the future.
A few weekends ago, Bill Emerson was a guest on the Everyday Leadership radio show. Everyday Leadership is hosted by Michigan’s First Gentleman, Dan Mulhern, a noted leadership guru, and airs on the Michigan Talk Radio Network.
During the interview Bill talked about a number of topics, including all the great work we did to help the ALS Association and what it takes to continue to grow Quicken Loans’ culture, making us a perennial favorite as one of the best places to work in America.
Later in the program, Mulhern also interviewed executives from Plante & Moran and Herman-Miller, the two other Michigan-based companies to be recognized by Fortune as great places to work.
If you missed the interview please check it out by clicking HERE.
Today, Bill Emerson was interviewed by TheStreet.com. Gregg Greenberg asked him about the how the housing market is recovering. Although the housing market continues to struggle and will take time to improve, Bill mentions that he thinks we will start to see it pick up here shortly. To see more about Bill’s views on the housing market and where it may be headed in the future check out the Street.com full video interview below.
Today’s review of the day is from Viewpoints member Rumrog - “My loan was great from the first person who contacted to the last closer. I have dealt with many local banks and was never offered products that my loan originator offered me, thanks to my loan team. I’am a 63 year old veteran and this was the first time I was offered VA loan. Thanks Quicken Loans.”
To see this review live click here or to see more Quicken Loans reviews visit Viewpoints.
Every company in the world hopes to be profitable.
Quicken Loans has the honor and privilege of being one of those companies. Bill Emerson, CEO of Quicken Loans discussed this success in an article by BusinessWeek today. Last year Quicken Loans more than doubled their 2008 sale with a sale for 2009 of around $25 billion.
This past week Dan Gilbert was featured on Smart Business to discuss growing a business and building corporate culture.
Even though Dan has a full plate, being chairman and founder of Quicken Loans in addition to owning and operating several other businesses, Dan still makes time for such things as making sure to be at each and every new hire orientation. At these orientations Dan discusses each and every “ism” Quicken Loans has and how things should be handled:
From always being aware of your surroundings to being obsessed with finding a better way, the “isms” focus on empowering employees to do whatever is needed to grow themselves and the business. There’s no red tape or committees at Gilbert’s companies, just employees who are trusted and expected to do whatever needs to be done. To Gilbert, failure is an option, as long as it’s not intentional. Employees can’t be afraid to fail; they have to be able to take chances. As a leader, you have to foster creativity.
‘You don’t want people who ‘just work here,’ you want empowered people who aren’t afraid to do whatever it takes to grow the company,’ Gilbert says. ‘If you don’t build a good culture, there is no question that a bad culture will take its place.’
Personally, I can attest to Quicken Loans having one of the best cultures. Employees are empowered and can make suggestions to improve anything they feel they can improve upon. To read more on the Dan Gilbert’s ideas of culture, the Quicken Loans “isms” and building a business, visit the Smart Business article.
On Tuesday January 12th Haiti experienced a catastrophic earthquake, a 7.0 on the Richter magnitude scale. Between 217,000 and 230,000 people were identified as dead as well as 300,000 reported injured and an additional 1,000,000 now homeless.
Over the next four weeks following the Haiti earthquake, Quicken Loans and their sister companies joined together and through a series of conducted auctions, jean days, potlucks and payroll deduction campaigns they were able to raise a total of $71,723. Out of that total, $53,303 went to the American Red Cross Haiti Relief Fund, $10,000 went to rebuilding the Christianville Clinic in Haiti, $5,000 was given to Samaritan Feet, which helps supply shoes for Haitians, and $3,420 went to UNICEF.
Thank you everybody from Quicken Loans and their sister companies for helping to make a difference in the lives of so many who are struggling right now. Our hearts go out to the people of Haiti.
