Add a paragraph on the false-claims lawsuit from 2015.
#My quicken loans update#
Update paragraph on Rocket Mortgage founding.
If editors think this class action lawsuit is necessary, I wonder if editors think it could be summarized in a way that does not give it as much weight.
Delete the paragraph on a class action lawsuit because the courts found in favor of Quicken Loans, there was not much media coverage of the lawsuit, and it seemed to be given too much weight in the article.
In response, Quicken Loans discontinued: Second mortgages Home equity lines of credit (HELOC) Alt-A products Deferred interest loans"
Delete the following because the material is not verified in the cited source: "In August 2007, the entire mortgage industry faced a crisis in obtaining new credit from banking institutions and hedge funds.
Streamline paragraph on Quicken Loans' locations in Detroit.
Delete unsourced sentence: "In the spring of 2008, Rock Holdings entered the reverse mortgage market with the acquisition of One Reverse Mortgage", as this deals with Rock Holdings, not Quicken Loans.
Remove "The construction sites reserved for development by the agreement included the location of the former Statler Hotel on Grand Circus Park and the former Hudson's location" to streamline.
In May 1998, Gilbert took Rock Financial public, launching an IPO underwritten by Bear Stearns and Prudential Securities" with sourced content, "In May 1998, Gilbert took Rock Financial public, raising $33.3 million"
Replace unsourced content: "As RFC grew so did the head count, hitting 50 employees in August 1991.
Move up the paragraph on changes to the business in the 1990s to fit chronologically.
Delete the unsourced sentence: "In July 1987 the name was changed to Rock Financial Corp.".
To make reviewing a bit easier, I will list my proposed changes: I have placed the drafted text in the box below. On behalf of my employer, Quicken Loans, I wrote up a draft History section that I think could improve the existing section.