Quicken Loans closed more than $400 billion of mortgage volume across all 50 states from 2013 through 2017.
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13 Facts About Quicken Loans
1.
2.
The claimants alleged that Quicken Loans violated the Fair Labor Standards Act by failing to pay the plaintiffs overtime for working beyond a 40-hour work week.
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3.
Quicken Loans denied these claims, and said it is not aware of any such violations of the FLSA.
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4.
The decision means that Quicken Loans is not obligated to pay overtime payments to the plaintiffs.
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5.
Quicken Loans moved into its downtown headquarters in August 2010.
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6.
Since 2009, Quicken Loans has been headquartered at One Campus Martius facing Campus Martius Park in Detroit.
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7.
In 2014, Quicken Loans grew to be the 2nd largest mortgage lender in the United States, and remains the nation's largest online mortgage lender.
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8.
Quicken Loans employs 24,000 people nationwide, with approximately 17,000 now working in the city of Detroit, making it Detroit's largest employer, minority employer, and taxpayer.
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9.
Quicken Loans has consistently been awarded the highest customer satisfaction rating among primary mortgage originators the US for 10 straight years, as well as being one of top 20 companies to work for and a top pick for overall best mortgage lenders, according to Consumers Advocate.
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10.
On July 7,2020, it was announced that Quicken Loans had filed paperwork with the US Securities and Exchange Commission to start the process of taking the company public under the name Rocket Companies.
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11.
On May 12,2021 Quicken Loans announced that it would be rebranded to Rocket Mortgage, by July 31,2021.
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12.
In 2015, Quicken Loans created Rocket Mortgage, the first lender to perform electronic closings in all 50 states.
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13.
The arena, formerly known as the Quicken Loans Arena, changed its name to the Rocket Mortgage FieldHouse after the completion of the arena's renovation and expansion in 2019.
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