Claims of high-pressure sales, fraud at odds with Quicken Loans’ straight-shooting image

By Michael Hudson

Quicken Loans, the giant mortgage lender founded by Cleveland Cavaliers owner Dan Gilbert, goes on trial Tuesday in Detroit to face allegati

Excerpts from this story referencing "Quicken":

"… rs and Wall Street Bankers Fleeced America – And Spawned a Global Crisis. …"

"… streak.As competitors have struggled in the wake of the financial crisis, Quicken has become one of the nation’s largest mortgage lenders, using two of Gi …"

"… s other ventures – the NBA’s Cleveland Cavaliers and their home base, Quicken Loans Arena – as marketing tie-ins.Quicken says it has survived and thri …"

"… avaliers and their home base, Quicken Loans Arena – as marketing tie-ins.Quicken says it has survived and thrived because it’s one of the good guys in th …"

Jury: Quicken Loans doesn't owe overtime pay to former employees

By Michael Hudson

A federal jury said today that online mortgage giant Quicken Loans doesn’t owe overtime pay to hundreds of former loan officers. ...

Excerpts from this story referencing "Quicken":

"… make things right.” …"

"… he trial in U.S. District Court in Detroit and other lawsuits examined how Quicken’s day-to-day tactics are at odds with its squeaky clean image and rankin …"

"… rmation to push through bad deals.Jurors came back with a verdict today in Quicken’s favor after just over two days of deliberations in the five-week-long …"

"… , according to Crain’s Detroit Business.After the verdict was announced, Quicken founder and chairman Dan Gilbert told the Detroit Free Press that the case …"