By Amber Deter A Quicken Loans IPO was confidentially filed with the SEC. With over 35 years of experience, the company is the top mortgage lender in the country. But is Quicken Loans stock a good investment?
Here’s what we know…
Quicken Loans IPO: The Business
Billionaire Dan Gilbert co-founded Quicken Loans in 1985 with Ron Berman, Lindsay Gross and brother Gary Gilbert. The company’s original name was Rock Financial, later Rock Financial Corp in 1987. About a decade later, Gilbert took Rock Financial public in an IPO. And in 1999, Intuit Inc. bought the company for $523 million. Intuit renamed it Quicken Loans. Gilbert and …read more