One for the Thumb: Detroit-based Quicken Loans Named Computerworld's #1 Best Place to Work in IT for Fifth Straight Year

DETROIT, June 12, 2017 /PRNewswire/ -- For the fifth straight year, Detroit-based Quicken Loans, the nation's second largest retail mortgage lender, has earned the #1 ranking on IDG's Computerworld 'Best Places to Work in IT' list. This year's award represents the 8^th time the company has earned the #1 spot, and the 13^th consecutive year it has appeared on Computerworld's list. Today's award adds to Quicken Loans' growing record as the winningest company in the list's history.

The Best Places to Work in IT list is an annual ranking by Computerworld of the 100 best work environments for technology professionals. The list is compiled based on a comprehensive questionnaire regarding company culture, with additional emphasis on categories including benefits, career development, training and retention. In addition, Computerworld conducts extensive surveys of IT workers, and their responses factor heavily in determining the rankings.

"We are absolutely obsessed with creating a culture that promotes a sense of family, while also encouraging our team to innovate and push the envelope. It is a recipe that has worked tremendously well, as our team continues to set the speed of the game when it comes to creating the best FinTech products in the industry," said Linglong He, Chief Information Officer for Quicken Loans. "Beyond innovation, our team is extremely active in the community, teaching STEM projects to students at the Detroit Public Schools on a regular basis. When you pair the innovation that is taking place at Quicken Loans with the social impact we are having on the community, it is an immensely powerful thing."

The 1,500 members of the technology team have been a major force behind the rapid growth and success of Quicken Loans and its 16,000+ team members. In fact Rocket Mortgage, the nation's first online and on-demand mortgage experience, which was an initiative largely driven by the technology team, funded $7 billion of the company's record $96 billion in total closed loan volume in 2016.

"Our technology team understands that to be among the best of the best, we must remain nimble, agile and obsessed with finding a better way," said Jay Farner, Chief Executive Officer of Quicken Loans. "Rocket Mortgage, the country's first fully digital mortgage experience, pushed the mortgage industry into the 21^st century with the help of our technology team. No matter what their specific area of focus is, the entire team works towards the common goal of making life radically simple for our clients through innovation and passion."

Quicken Loans' technology team members are also very active in the community. In 2017, Quicken Loans rolled out a series of mentorship programs with more than 500 Detroit Public Schools students. Programs varied by age group, but focused on coding and other STEM skills, while providing mentorship to the students.

The company is located at the center of Detroit's booming technology corridor. Since Quicken Loans moved its headquarters to downtown Detroit in 2010, the city has become a national FinTech hub with more than 100 tech-based startups occupying the Madison Block and numerous established technology companies setting up shop in the thriving urban core.

Quicken Loans and its family of companies currently have more than 200 open technology positions. To learn more or apply, please visit www.quickenloanscareers.com.

About Quicken Loans

Detroit-based Quicken Loans Inc. is the nation's second largest retail home mortgage lender. The company closed more than $300 billion of mortgage volume across all 50 states between 2013 and 2016. Quicken Loans moved its headquarters to downtown Detroit in 2010, and now more than 17,000 team members from Quicken Loans and its Family of Companies work in the city's urban core. The company generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked "Highest in Customer Satisfaction for Primary Mortgage Origination" in the United States by J.D. Power for the past seven consecutive years, 2010 – 2016, and highest in customer satisfaction among all mortgage servicers the past three years, 2014 – 2016.

Quicken Loans was ranked #10 on FORTUNE magazine's annual "100 Best Companies to Work For" list in 2017, and has been among the top-30 companies for the past 14 consecutive years. The company has been recognized as one of Computerworld magazine's '100 Best Places to Work in IT' the past 13 years, ranking #1 for eight of the past twelve years including 2017. The company is a wholly-owned subsidiary of Rock Holdings, Inc., the parent company of several FinTech and related businesses. Quicken Loans is also the flagship business of Dan Gilbert's Family of Companies comprising nearly 100 affiliated businesses spanning multiple industries. For more information and company news visit QuickenLoans.com/press-room.

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