twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
Mortgage Employment News | Employment Index | Employment Statistics
Job additions, layoffs and employment lawsuits. Employment data from the Department of Labor, state tracking, reports and analysis. Job finding tips.


Best Mortgage Employers

Quicken highest ranking mortgage firm

Jan. 22, 2012

By MortgageDaily.com staff


Only a few mortgage-related firms were among the highest-ranking employers in an annual review of the best places to work in America.

At the top of FORTUNE's 2012 100 Best Companies to Work For was Google.

The Mountain View, Calif.-based company's "Employees rave about their mission, the culture, and the famous perks of the Plex: bocce courts, a bowling alley, eyebrow shaping (for a fee) in the New York office," FORTUNE said. "Then there's the food: some 25 cafés companywide, all gratis."

No. 10 on the ranking -- and the highest-ranking mortgage-related company -- was Quicken Loans Inc.

Employees at the Detroit-based lender "take immense pride in its move from the suburbs to downtown Detroit," FORTUNE wrote. The move has occurred during the past 18 months for 3,700 team members.

Quicken reported a record $30 billion in residential originations last year.

In its own statement, Quicken highlighted how it has made the ranking of the top-30 companies for the past nine years.

Quicken Loans Founder and Chairman Dan Gilbert noted in the statement that the company's "outstanding, hardworking, passionate people" combined with the right culture is a formula for success.

"Quicken Loans team members work in an environment designed to encourage collaborative, creative thinking," the company said of its offices. "Video games, ping pong tables and scooters are available for play, and new technology is developed in open gathering spaces complete with dry-erase walls, bean bag chairs, free slushies and popcorn, and much more."

Quicken's former parent company, Intuit, was ranked 19th on the list of best employers.

No. 33 on the list was Goldman Sachs -- which unloaded its Litton Mortgage unit in September 2011 to Ocwen Financial Corp.

The next mortgage-related firm to make the list was No. 69 Umpqua Bank.

A "quirky culture" at Umpqua was noted by the magazine. The "fast-expanding regional bank" has morning huddles, in-office games and 40 hours of paid time off per year to volunteer.

Portland, Ore.-based Umpqua Bank acquired $480 million Nevada Security Bank when it failed in June 2010, while $670 million Rainier Pacific Bank was acquired by Umpqua when it failed in February 2010 as was $489 million Evergreen Bank a month earlier. In January 2009, Umpqua Bank picked up the failed Bank of Clark County, which had $447 million in assets.

Umpqua Holdings Corp. reported second-quarter 2010 residential loan production of $145 million, less than $234 million in the year-earlier quarter.

No. 95 on FORTUNE's list -- and the only other mortgage-related company on the list -- was Navy Federal Credit Union.

"Employees of the world's largest credit union cite no layoffs in its 79-year history and benefits equal to or better than those offered by commercial banks," the ranking said.

Back in November, the Vienna, Va.-based financial institution projected more than $5 billion in full-year 2011 originations. Production was $5.4 billion in 2010.

next story

back to current headlines


Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.


Logout forgot
password?

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders