Today’s Case-Shiller report showed a 1.1% monthly increase in home prices and a 9.3% increase over May 2013’s numbers. Quicken Loans vice president Bill Banfield offers the following comments on the report: “Home price gains have been tapping the brakes, slowing again in May. While homeowners and prospective sellers may find this disappointing, when paired […]
Detroit-based Quicken Loans Brings Home #1 Spot on Computerworld’s ‘100 Best Places to Work in IT’ List for 2nd Consecutive Year
For the second consecutive year, the nation’s best place to work in technology is not ...
State-of-the-art 66,000 square foot facility at 1401 Rosa Parks Boulevard to house server, training and ...
Nation’s second-largest mortgage lender also to give year’s worth of mortgage payments to one lucky ...
The National Association of Realtors’ existing home sales reports showed that home resales increased 2.6 percent from May to June 2014. However, the level of home sales were 4.3 percent lower than the previous June. Quicken Loans Vice President Bill Banfield offered the following comments of the report: “While lower than a year ago, it […]
Today’s housing starts report showed a 9.3% fall in new home construction. Quicken Loans Vice President Bill Banfield offers the following comments on the report: “The drop in June’s housing starts is disappointing but largely regionalized. With single-family home builder confidence up and permits up year-over-year, we will see if this translates into improvements in […]
Mortgage applications decreased by 3.6 percent last week on a seasonally adjusted basis. Quicken Loans vice president Bill Banfield offers the following comments on the report: “While we try not to put too much focus on week-to-week fluctuations, it can be disappointing to see any substantial drop in purchase activity. But based on the where […]
Quicken Loans vice president Bill Banfield gives his comments on the dip in mortgage applications
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|2013 Loan Volume:||$80B|
|Residential Lender Rank:||2|
Detroit-based Quicken Loans is the nation’s largest online retail mortgage lender and the second largest retail home lender in the United States. The company closed a record $80 billion in home loan volume across all 50 states in 2013, breaking a company record of $70 billion set in 2012.