Judge orders Quicken Loans to pay $2.7 million award in West Virginia fraud case

By Michael Hudson

A West Virginia judge has slapped online mortgage giant Quicken Loans Inc. with more than $2.7 million in punitive damages and legal costs a

Excerpts from this story referencing "Quicken Loans":

"… ed a Global Crisis. …"

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 Loans":

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

"… 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 thrived be …"

"… the lender’s conduct “unconscionable.”Trial in Detroit Begins TuesdayQuicken Loans founder Dan Gilbert. Credit: Mark Duncan/Associated PressA group of ex-emp …"

"… and most “are quite frivolous in nature. In fact, it’s our belief that Quicken Loans has received a disproportionately low number of claims in relation to our …"

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 Loans":

"… make things right.” …"