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Former Quicken Executive Launches New Firm

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A former executive of Quicken Loans Inc. — whose altercation with the company’s founder prompted a police investigation — has launched his own company.

An announcement today indicated that Hall Financial was launched in Birmingham, Mich.

Among the new company’s offerings are Federal Housing Administration loans, reverse mortgages and Zero-Down Rural Development Loans, according to the statement. It will also provide loan modification services.

The company says it employs nine people — though one report indicated that headcount could reach 100 by next year.

Founder and Managing Partner David Hall spent eight years as senior vice president and chief marketing officer at Quicken-subsidiary Rock Financial. Hall, who left Rock in 2007, was also a spokesman for the company in television advertisements and hosted a radio show.

While we weren’t able to locate any video of Hall during his Rock days, we did find a parody video of him. (watch parody video of David Hall)

“From 1997-2002, David was cited by various mortgage-banking publications as one of the ‘Top Ten Mortgage Bankers’ in the nation and consistently placed in the top 50 each year,” Hall Financial says on its Web site.

A year ago, Birmingham police were investigating an altercation between Hall and Quicken founder Dan Gilbert at a private function held at the Townsend Hotel, according to published reports.


Hall Financial photo of David Hall

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