Quicken Loans news and trends

Rocket Trims IPO 39 Pct From $3.3B To $2B After Investors Reject Valuation
IPO // August 05, 2020

Rocket Companies, the parent of mortgage lending giant Quicken Loans, reduced its terms to go public, Bloomberg reported. The company, founded by billionaire Dan Gilbert, is seeking to raise about $2 billion in an initial public offering (IPO). The Detroit-based company is expected to market...

Rocket Mortgage Parent Plans $3.3B IPO
IPO // July 28, 2020

Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Rocket Companies also owns Quicken Loans. The company is offering 150 million shares for $20 to $22 each, according to the Tuesday...

Today In Payments: Tech Startups Laid Off 70K Since March; Quicken Loans Parent Files IPO
News // July 08, 2020

In today’s top news, tech startups have laid off nearly 70,000 employees in the last four months, and Rocket Companies, parent of Quicken Loans, filed for an IPO. Plus, Walmart reportedly plans to launch a subscription program. Tech Startups Laid Off 70K Since March Tech...

Rocket Cos., Quicken Loans Parent, Files IPO 
IPO // July 08, 2020

Rocket Companies, one of the nation’s largest mortgage lenders and parent of Quicken Loans, filed its initial public offering (IPO) late Tuesday (July 7). In its application with the U.S. Securities and Exchange Commission, the Detroit-based parent of Quicken Loans and Rocket Mortgage will go...

Interviews & Exclusives
Tapping And Securing Data To Accelerate Real Estate Lending

July 02, 2018
In a world of breached consumer data, companies are taking new approaches to authenticating a consumer’s identity online. In the latest Digital Identity Tracker, Quicken Loans EVP Bill Banfield explains how Quicken maps borrower data to the original sources to prove their true identity. That, in addition to a deep dive into how biometrics are being used to authenticate users in the travel market.

Quick Reads
Rocket Cos. Shares Rise 19 Pct On IPO Debut

August 06, 2020
It appears that billionaire Daniel Gilbert, the 58-year-old founder of Quicken Loans and Rocket Mortgage, made the right call when he trimmed the size of the company’s initial public offering (IPO) by more than $1 billion. Shares of Rocket Cos. Inc. rose 19.5 percent to $21.51 following its debut on the New York Stock Exchange on Thursday […]

Rocket Trims IPO 39 Pct From $3.3B To $2B After Investors Reject Valuation

August 05, 2020
Rocket Companies, the parent of mortgage lending giant Quicken Loans, reduced its terms to go public, Bloomberg reported. The company, founded by billionaire Dan Gilbert, is seeking to raise about...

Rocket Mortgage Parent Plans $3.3B IPO

July 28, 2020
Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Rocket Companies also owns Quicken Loans. The...

Rocket Cos., Quicken Loans Parent, Files IPO 

July 08, 2020
Rocket Companies, one of the nation’s largest mortgage lenders and parent of Quicken Loans, filed its initial public offering (IPO) late Tuesday (July 7). In its application with the U.S....