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Quicken Loans Files for IPO as Rocket Companies

Quicken Loans has filed for an initial public offering under the name Rocket Companies. So reports the Detroit Free Press.

According to a preliminary application with the SEC, founder Dan Gilbert would remain in control of Rocket Companies after going public.

Quicken originated more than $145 billion in mortgages last year, most of it refinance activity, according to the application.

Read the full article from the Detroit Free Press.

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