EECS441 Company Preso
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The document discusses Quicken Loans, a leading mortgage lender that is not a bank. It provides a timeline of Quicken Loans' history from 1985 when founder Dan Gilbert started Rock Financial to present day. Key events include launching an online lending platform in 1999, relocating to Detroit in 2010, and launching Rocket Mortgage in 2015. The document also outlines how Quicken Loans competes on customer service by offering accessible mortgage products online with a fast and seamless process. It fosters a culture of innovation and will continue driving change in the mortgage industry.
EECS441 Company Preso
- 2. It takes too long to buy a house.
- 3. Quicken Loans is a market leader.
- 4. Quicken Loans is not a bank. $ Payment Time
- 5. Quicken Loans is not a bank. $ Payment Time Principal Interest
- 6. Quicken Loans is not a bank. $ Payment Time Principal Interest Servicing Fee
- 7. Quicken Loans is consistent.
- 8. Quicken Loans is consistent. 1985 Dan Gilbert founds Rock Financial
- 9. Quicken Loans is consistent. 1999 Rockloans.com launches 1985 Dan Gilbert founds Rock Financial
- 10. Quicken Loans is consistent. 1999 Rockloans.com launches 2008 Mortgage industry crash 1985 Dan Gilbert founds Rock Financial * Timeline not to scale
- 11. Quicken Loans is consistent. 1999 Rockloans.com launches 2008 Mortgage industry crash 2010 Relocation to Detroit 1985 Dan Gilbert founds Rock Financial * Timeline not to scale
- 12. Quicken Loans is consistent. 1999 Rockloans.com launches 2008 Mortgage industry crash 2010 First J.D. Power award 2010 Relocation to Detroit 1985 Dan Gilbert founds Rock Financial * Timeline not to scale
- 13. Quicken Loans is consistent. 1999 Rockloans.com launches 2008 Mortgage industry crash 2010 First J.D. Power award 2010 Relocation to Detroit 1985 Dan Gilbert founds Rock Financial 2015 Rocket Mortgage launches * Timeline not to scale
- 14. Quicken Loans is consistent. 2008 Mortgage industry crash 2017 Largest residential mortgage lender 1985 Dan Gilbert founds Rock Financial 2010 Relocation to Detroit 1999 Rockloans.com launches 2010 First J.D. Power award 2015 Rocket Mortgage launches * Timeline not to scale
- 15. Quicken Loans fosters a culture of innovation.
- 16. Quicken Loans fosters a culture of innovation.
- 17. Quicken Loans competes on customer service. Offers mortgage products
- 18. Quicken Loans competes on customer service. Offers mortgage products Online & Accessible
- 19. Quicken Loans competes on customer service. Offers mortgage products Online & Accessible Fast & Seamless
- 20. Quicken Loans competes on customer service. Offers mortgage products Online & Accessible Fast & Seamless Customer Service
- 21. Quicken Loans competes on customer service.
- 22. Quicken Loans will drive change.
- 23. Quicken Loans will drive change.
- 24. Questions?
- 25. References & Image Sources 則 https://www.crainsdetroit.com/article/20180201/news/651886/quicken-loans-overtakes-wells-fargo-as-largest-mortgage-lender-in-q4 則 https://www.quickenloans.com/press-room/fast-facts 則 https://www.quickenloans.com/press-room/multimedia/branding-logos/ 則 https://quickenloanscareers.com/about-us/culture/ 則 https://www.forbes.com/sites/samanthasharf/2018/02/05/quicken-loans-overtakes-wells-fargo-as-americas-largest-mortgage-lender/#68ed27e1264f 則 https://www.nationalmortgagenews.com/news/residential-mortgage-originations-plummet-as-refis-drop-by-34 則 https://www.owler.com/company/quickenloans 則 http://www.hoovers.com/company-information/cs/company-profile.quicken_loans_inc.e2a2ebee277f86d8.html 則 https://www.nytimes.com/2017/01/21/business/dealbook/quicken-loans-dan-gilbert-mortgage-lender.html 則 https://www.investopedia.com/terms/s/servicing_fee.asp 則 https://www.jdpower.com/Cars/Ratings 則 https://www.quickenloans.com/press-room/fast-facts/ 則 https://www.jdpower.com/business/press-releases/jd-power-2016-us-primary-mortgage-origination-satisfaction-study 則 https://www.nerdwallet.com/blog/mortgages/for-rocket-and-its-rivals-mortgage-advice-is-next/ 則 http://rismedia.com/2018/05/03/quicken-loans-originates-20-5-billion-q1-2018/ 則 https://www.housingwire.com/articles/39505-heres-how-much-rocket-mortgage-helped-quicken-loans-in-2016