Quicken Loans Announces Sister Company Quizzle to Relocate to Detroit

DETROIT, Aug. 4 /PRNewswire/ -- Quicken Loans Inc. Chairman and Founder Dan Gilbert today announced that Quizzle LLC will be joining Quicken Loans when it moves to Detroit's Compuware building later this month.  Quizzle (www.quizzle.com), which has more than 500,000 registered users, is a free online tool that helps consumers better manage their personal finances.

"Quizzle will be a great addition to our core group of companies making the move to Detroit," Gilbert said.  "I am hopeful that other companies are noting the positive momentum taking place in the city, and are considering becoming part of the new Detroit and its exciting revitalization."

Quizzle, who will join Quicken Loans, Fathead, In-House Realty and One Reverse Mortgage in Detroit, offers consumers access to a number of financial planning tools, including a completely free, no-strings-attached copy of their credit report and score.

"We are a young, energetic, new-economy growth company looking forward to benefitting from what Detroit has to offer us, and also contributing to the very exciting future of our downtown," said Todd Albery, Quizzle CEO.  "We are thrilled to be among the high-tech, internet-based companies lined up along the new 'WEBward Avenue.' "  

Originally part of Quicken Loans, and spun-off in 2008, Quizzle has seen rapid growth, offering consumers the ability to examine their home, money and credit, all in one place, without any obligation.  The site also allows consumers to opt-in to several affordable value-added services, including a Credit Personal Trainer, and credit and identity theft monitoring.

"Downtown Detroit is about to experience a boom in the creation and growth of entrepreneurial, technology-focused companies unlike anything seen before in our part of the country.  We are more than excited to be at the core of this transformation," said Gilbert.  

Companies previously announcing their move to downtown's WEBward Avenue, (transforming Woodward Avenue into WEBward Avenue) later this summer include:

• Quicken Loans
• Fathead
• In-House Realty
• One Reverse Mortgage
• And now Quizzle!  

For more information on Quizzle, please visit www.quizzle.com.

About Quizzle LLC

Quizzle LLC (www.quizzle.com) is a free online tool that helps consumers better manage their home, money and credit - all in one spot.  At Quizzle.com consumers can obtain free access to their credit score, a home value estimate, home loan recommendations, budget tools, personal finance calculators, and advice on how to improve their financial situation.  Quizzle also provides consumers with helpful perks through its partnerships with best-of-the-web companies.                      

About Quicken Loans Inc.

Quicken Loans Inc. is the nation's largest online retail mortgage lender and the 4th largest overall retail home lender in the United States.  The company closed more than $25 billion in retail home loan volume across all 50 states in 2009.  Quicken Loans employs more than 3,000 full-time team members and generates loan production from five web centers located in Michigan, Ohio and Arizona.  Quicken Loans also operates a centralized loan processing facility in Michigan as well as its San Diego-based One Reverse Mortgage unit.  "QuickenLoans.com" has been named "Best of the Web" by Forbes and Money magazines.  Quicken Loans has been named to Fortune magazine's list of the country's "100 Best Companies To Work For" seven consecutive years, ranking as high as #2.  Quicken Loans has also been named in the top 15 of Computer World magazine's "100 Best Places To Work In Technology" for six years in a row.  Quicken Loans will be moving its headquarters and 1,700 full-time team members to downtown Detroit in the summer of 2010.  For more information about Quicken Loans, please visit www.quickenloans.com.

About Rock Holdings Inc.

Rock Holdings Inc. is the parent company for several financial services related businesses.  These client-focused and technologically-driven companies include Quicken Loans, the nation's largest online home lender and its One Reverse Mortgage unit, the fastest growing reverse mortgage lender in America; Title Source, a nationwide leader of title insurance and settlement services; Quicken Loans Mortgage Services (QLMS), a mortgage origination platform servicing community banks and credit unions across the country; In-House Realty, the preferred real estate partner of Quicken Loans that matches clients with trusted real estate agents in all 50 states; and, Quizzle.com, the online innovator and website where consumers manage their home, money and credit.  Rock Holdings, Inc. employs more than 3,500 team members and will be headquartered in downtown Detroit beginning in the summer of 2010.

SOURCE Quicken Loans

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