Rock Ventures, joined by the Downtown Detroit Partnership (DDP) and Detroit Economic Growth Corporation, today shared a visionary placemaking and retail plan for Detroit’s urban core with more than 400 business, community and civic leaders and key stakeholders.
Rock Ventures LLC today announced it has signed master lease agreements with the Schostak Brothers and Farbman Group to manage more than 60,000 square feet of first floor retail space along the Woodward Corridor in downtown Detroit. The properties include 12 storefronts along the 1200 and 1400 blocks of Woodward Avenue.
Quicken Loans Announces Agreement to Acquire $34 Billion in Mortgage Servicing Rights from Ally Bank
Detroit-based Quicken Loans Inc. today announced the purchase of approximately $34 billion in mortgage servicing rights from Ally Bank. The servicing pool is comprised of non-delinquent Freddie Mac and Fannie Mae-backed mortgages that currently have higher-than-market interest rates which could substantially benefit from refinancing.
Rock Ventures Adds to Growing Detroit Real Estate Portfolio with the Acquisition of 1001 Woodward in City’s Growing Technology Corridor
Rock Ventures today grew its real estate footprint in the heart of Detroit’s emerging technology district with the acquisition of the 1001 Woodward office tower.
Team Penske today announced that Detroit-based Quicken Loans Inc., the nation’s largest online mortgage lender and third-largest mortgage lender in the country, will join the team’s IZOD IndyCar Series racing efforts as a sponsor beginning in 2013.
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The FHFA's announcement to extend the HARP deadline to 2015 is much needed news for the millions of underwater homeowners who are eligible and still able to benefit by refinancing.
|2012 Loan Volume:||$70B|
|Residential Lender Rank:||3|
Detroit-based Quicken Loans is the nation’s largest online retail mortgage lender and the third largest retail home lender in the United States. The company closed a record $70 billion in home loan volume across all 50 states in 2012, breaking a company record of $30 billion set in 2011.