Quicken Loans’ CEO Bill Emerson, Receives Iron Horse Award From The ALS Association

-Leader considers award a symbol of teamwork and commitment to eradicate Lou Gehrig’s disease-

Livonia, Mich. – Feb. 05, 2010 – On Tuesday, Feb. 2, Quicken Loans’ CEO Bill Emerson accepted the Iron Horse Award from the ALS Association’s Michigan Chapter at the 25th Anniversary Research Update and Chapter Recognition Reception held at the Southfield Public Library. The award is the organization’s top honor, named after Lou Gehrig who suffered from the disease and earned the nickname “Iron Horse,” while playing for the New York Yankees. The award was presented to Emerson for his efforts as the 2009 Corporate Chairman for the Walk to Defeat ALS in Detroit. He is serving in the same role for the 2010 Walk which will be held on the Detroit River Walk in September.

Emerson challenged all Quicken Loans team members and its sister companies to raise $75,000 for the disease that affected both his brother-in-law and a close friend. Through team member contributions, internal auctions for unique prizes and creative team competitions, the goal was surpassed. Quicken Loans team members raised more than $120,000 to support the ALS Association’s signature fundraising event.

“This award is a symbol of what we accomplished as a team. We more than tripled the walk fundraising total from the previous year,” Emerson said. “Our team members showed that creativity and dedication is a gift that goes beyond the walls of our family of companies. We look forward to tapping into that creativity again this year and raise even more funds to fight against this debilitating disease.”

In addition to the Iron Horse Award, Quicken Loans and Fathead were honored as the top Corporate Team. Two team members from the Quicken Loans family of companies were among nine individuals recognized for their outstanding fundraising efforts. The award, a foot-shaped glass rendering, was presented to Brenda Patton of Quicken Loans and Ross Sanders of Bizdom U.

Amyotrophic lateral sclerosis (ALS), more commonly referred to as Lou Gehrig’s disease, is a progressive neurodegenerative disease that attacks nerve cells and pathways in the brain and spinal cord. When these cells die, voluntary muscle control and movement dies with them. Every 90 minutes, someone is diagnosed with ALS and every 90 minutes, someone dies as a result of the disease.

The ALS fundraising event was coordinated through Quicken Loans’ Community DIFF (community relations) team. In 2009, Quicken Loans donated nearly $1 million to more than 100 local charities.

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About Quicken Loans:
Quicken Loans is the nation’s largest online retail mortgage lender and the fifth largest retail mortgage lender in the United States, closing more than $25 billion across all 50 states in retail home loan volume in 2009. The company closes loans from five Web Centers located in Michigan, Ohio and Arizona, and from its San Diego-based One Reverse Mortgage unit. The QuickenLoans.com Web site has been named “Best of the Web” by Forbes and Money magazine. Quicken Loans has been named to Fortune Magazine’s “100 Best Companies to Work For” list for the past seven years, ranking as high as No. 2. The company also has been named one of Computerworld Magazine’s “100 Best Places to Work in Technology” for the past five years, ranking No. 1 in 2005, 2006 and 2007. For more information, visit www.QuickenLoans.com.