Quicken allegedly provided appraisers advance “estimates” of property values in assignments on home financings, effectively communicating the amounts Quicken needed to fund the loan. So it might come as surprise that a federal district court last week levied nearly $11 million in fines and damages against the company for home owners who the court said were victims of an alleged appraisal tampering scheme by Quicken during the housing boom and bust years in West Virginia. It also has a reputation as a technology innovator witness its heavily advertised and popular “Rocket Mortgage” option that cuts time and red tape for applicants. 1 in loan servicing for three years straight. ![]() 1 in home loan customer satisfaction for seven years in a row and No. Quicken Loans arguably has the mortgage industry’s squeakiest-clean image - named by J.D.
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