INSIDER
John Shippen National Invitational brings more diversity, access to professional golf
Read full article: John Shippen National Invitational brings more diversity, access to professional golfThe John Shippen National Invitational tournament presented by Rocket Mortgage takes place at the Detroit Golf Club this weekend.
Rocket Mortgage launches new program to help Detroiters save up money to become homeowners
Read full article: Rocket Mortgage launches new program to help Detroiters save up money to become homeownersRocket Mortgage is launching a new program aimed at helping some of the country’s most renter-rich cities become places for thriving homeowners.
Dianne Reeves talks about her upcoming performance at the Detroit Jazz Festival
Read full article: Dianne Reeves talks about her upcoming performance at the Detroit Jazz FestivalLocal and international talent will be bringing the jazz scene to life in downtown Detroit this Labor Day weekend at the 43rd Detroit Jazz Festival presented by Rocket Mortgage.
Detroit Rocket Mortgage executive is keeping Beecher High School’s legacy alive
Read full article: Detroit Rocket Mortgage executive is keeping Beecher High School’s legacy aliveLocated in Mount Morris Township just north of Flint is the Beecher Community School District, with Beecher High School as the heart of the community.
Artist who painted whale mural on Broderick Tower in Detroit asks court to step in, uncover mural
Read full article: Artist who painted whale mural on Broderick Tower in Detroit asks court to step in, uncover muralIt’s been a Detroit staple for more than two decades. The so-called whaling wall, one of the most well-known murals in the city, keeps getting covered up.
Entries are now open for third annual Rocket Mortgage Super Bowl Squares Sweepstakes
Read full article: Entries are now open for third annual Rocket Mortgage Super Bowl Squares SweepstakesThe nation’s largest mortgage lender, Rocket Mortgage, has announced that entries are now open for the third annual Rocket Mortgage Super Bowl Squares Sweepstakes. The event is the world’s largest official game of Super Bowl squares that will give away more than $1 Million during the massive event; entries are welcomed through February 11 at RocketMortgageSquares.com.
Rocket Pro TPO to sponsor first all-female team’s car at Indianapolis 500
Read full article: Rocket Pro TPO to sponsor first all-female team’s car at Indianapolis 500Rocket Mortgage to sponsor all female team with Detroit ties at the Indy 500DETROIT – Rocket Mortgage will be sponsoring Simona D Silvestro’s No. Rocket Pro TPO, the division of Detroit-based Rocket Mortgage which works exclusively with independent mortgage brokers, will serve as the primary sponsor of the No. Paretta Autosport said Rocket Pro TPO will be front-and-center with dominant branding on the car, firesuit and crew suits. “Having Rocket Pro TPO come onboard as our primary sponsor for this year’s Indy 500 is a perfect partnership,” said Beth Paretta, CEO/team principal of Paretta Autosport. Owner Beth Paretta lives in the Detroit area while her Paretta Autosport has a technical alliance with Team Penske.
Interview with Laura Grannemann about Rocket Morgage’s ‘Building Hope for Homeless Veterans’ program
Read full article: Interview with Laura Grannemann about Rocket Morgage’s ‘Building Hope for Homeless Veterans’ programTo learn more about Rocket Mortgage’s “Building Hope for Homeless Veterans” program, go to AHomeForEveryVet.org. More coverage: America’s Thanksgiving Parade special section
17 finalists compete for $1 million in Detroit Demo Day
Read full article: 17 finalists compete for $1 million in Detroit Demo DayDETROIT – The fourth Rocket Mortgage Detroit Demo Day is doing something a little different this year to help small businesses thrive in the pandemic. The 17 finalists have been announced for Rocket Mortgage Detroit Demo Day. For the last 3 years, Rocket Mortgage Demo Day has awarded hundreds of thousands of dollars to local small businesses with big plans to expand and make a difference. “Rocket Mortgage Detroit Demo Day is an annual event where we showcase Detroit’s best and brightest entrepreneurs and give them the chance to compete for a million dollars,” said James Chapman. More information can be found on the official Rocket Mortgage Detroit Demo Day website here.
Quicken Loans IPO gets lukewarm reception
Read full article: Quicken Loans IPO gets lukewarm receptionDETROIT – The much talked about Rocket Mortgage initial public offering took flight Thursday and the launch was not as bright as initially intended. ORIGINAL STORY: Quicken Loans IPO debuts at $18 a share, below expectationsRocket founder Dan Gilbert and CEO Jay Farner kicked off the trading day before going on CNBC to discuss the merger in Gilbert’s first national television appearance since his stroke. “We think we are a tech company that happens to do loans. “We’re up to 2,500 technologies to build what you experience.”RELATED: What does Quicken Loans plan to go public mean for city of Detroit? The stock started out at $18 a share and investors bid it up to just under $21 by the close.
Quicken Loans IPO gets lukewarm reception
Read full article: Quicken Loans IPO gets lukewarm receptionQuicken Loans IPO gets lukewarm receptionPublished: August 6, 2020, 6:45 pmThe much talked about Rocket Mortgage initial public offering took flight Thursday and the launch was not as bright as initially intended.
Quicken Loans IPO debuts at $18 a share, below expectations
Read full article: Quicken Loans IPO debuts at $18 a share, below expectationsDETROIT – Detroit-based Quicken Loans debuted their IPO on the New York Stock Exchange on Thursday with a lower-than-expected opening share price of $18. Rocket Cos., the parent company of Quicken Loans, will offer public shares for the first time this week, but it will be smaller than originally reported. Quicken Loans quickly grew from a start-up to one of Detroit’s largest employers. Gilbert is already worth roughly $7 billion, but his wealth could expand more with the move to make Quicken Loans public. Investment banker Sheldon Stone, of Amherst Partners, said a Quicken Loans initial public offering could mean a lot for the city of Detroit.
LIVE STREAM: Detroit mayor to discuss eviction assistance resources
Read full article: LIVE STREAM: Detroit mayor to discuss eviction assistance resourcesDETROIT – Detroit Mayor Mike Duggan will hold a news briefing at 2 p.m. on Wednesday to discuss helpful resources available to Detroiters facing evictions. You can watch the briefing live in the video player above at 2 p.m.Duggan is expected to share details regarding a citywide memorial intended to acknowledge individuals impacted by COVID-19 amid the coronavirus pandemic. READ: Coronavirus in Michigan: Here’s what to know July 15, 2020The mayor is also expected to announce a $1.4 million investment into Connect 313, which will support digital inclusion programs. MORE: Local News
Quicken Loans files paperwork for initial public offering under name ‘Rocket Companies’
Read full article: Quicken Loans files paperwork for initial public offering under name ‘Rocket Companies’Quicken Loans quickly grew from a start-up to one of Detroit’s largest employers. What does its plan to go public mean for the city of Detroit? It appears that’s about to change because in an initial public offering, at some point people will be able to buy partial ownership -- shares of stock in Quicken Loans. Gilbert is already worth roughly $7 billion, but his wealth could expand more with the move to make Quicken Loans public. Investment banker Sheldon Stone, of Amherst Partners, said a Quicken Loans initial public offering could mean a lot for the city of Detroit.
Bryson DeChambeau wins Rocket Mortgage Classic by 3 shots
Read full article: Bryson DeChambeau wins Rocket Mortgage Classic by 3 shotsDETROIT Bryson DeChambeau got the result he was looking for from transforming his body. With jaw-dropping drives and some clutch putts, DeChambeau won the Rocket Mortgage Classic by three strokes Sunday for his first victory of the season and sixth overall. DeChambeau shot a 7-under 65 at Detroit Golf Club, birdieing four of the first seven holes and closing with three straight. 16, a short putt for birdie on the next hole and uncorked a 367-yard drive to set up another short putt at 18. On Saturday, DeChambeau had a testy exchange with a TV cameraman after a bogey on the sixth hole.
New initiative to provide digital access to all Detroiters within next 5 years
Read full article: New initiative to provide digital access to all Detroiters within next 5 yearsDETROIT Rocket Mortgage by Quicken Loans announced Wednesday a new initiative to provide digital access to every Detroiter within the next five years. Rocket Mortgage Classic and Rocket Mortgages new Changing the Course initiative aims to provide Detroiters access to the internet, technology and digital literacy training that is the baseline for education and opportunity in todays economy.Officials say as the coronavirus (COVID-19) pandemic overtook Detroit, it unveiled unaddressed, underlying problems facing the city -- with internet access among the most prominent. Detroiters deserve better.Officials say among U.S. cities with more than 100,000 households, Detroit already ranks as the least connected in the country. The Rocket Giving Fund will specifically invest in organizations and infrastructure that will make 5G internet technology available across Detroit, officials say. You can read the full announcement from Rocket Mortgage by Quicken Loans here.