Quicken Loans named "Best & Brightest Company to Work For" in Metro-Detroit by the Michigan Business & Professional Association

Livonia, MI (November 11, 2002) - The Michigan Business & Professional Association (MBPA) has named Quicken Loans Inc. as "Metropolitan Detroit's Best & Brightest Company to Work For." The award was presented to Quicken Loans for its innovative, family-friendly human resources practices at the company's headquarters here late last week.

Quicken Loans Inc. is one of the largest mortgage lenders in the country, and the nation's leading online lender. The company employs 1,164 mortgage professionals at its Quickenloans.com online lending site, Rock Financial brick-and-mortar branches and its Title Source settlement services company.

Daniel Gilbert, founder and Chairman of Quicken Loans Inc., accepted the award, which was presented by Jennifer Kluge, Executive Vice President of the MBPA.

In presenting the award, Kluge said the criteria included diversity, compensation and benefits, employee communication and recognition, employee education and development, as well as employee motivation and enthusiasm. Kluge said Quicken Loans topped the charts in each category.

"We also conducted an anonymous survey of employees," said Kluge. "And 96 percent of all Quicken Loans employees surveyed "strongly agreed" that your company was a great place to work."

"This award is very important," Gilbert told employees during the ceremony. "But the reason we won "The Best Place To Work" in metro Detroit is because of the hard work, bright thoughts, and deep loyalty you show this place each and every day. You are the heart and soul of it all."

Quicken Loans beat out the likes of Volkswagen of America Inc. and Ernst and Young to win the award. Comprehensive benefits, great perks (like a performance by the Monkees at the annual holiday party), flexible schedules, and a generous parental leave policy are all part of the company's culture. Last year, 40% of base compensation was paid out in benefits. Additionally, every team member receives diversity training and domestic partners qualify for medical, dental and vision benefits. Last year, while still part of Intuit Inc., the company was named to Fortune's "100 Great Places to Work" list. To learn about employment opportunities, visit Quickenloans.com and click on Career Opportunities" in the upper right corner