Quicken Loans Gets J.D. Power Three-Peat: Detroit-based Quicken Loans Inc., the nation’s largest online home lender and fourth largest retail lender, today announced that for the third-straight year it ranked highest in the United States in “customer satisfaction” among all major home loan lenders in a benchmark study of mortgage origination by J.D. Power and Associates, the independent global marketing information services company. Quicken Loans, which serves clients in all 50 states from its centralized web lending centers in Detroit, Ohio and Arizona, is on pace to shatter company records for closed loans in 2012, while maintaining industry-leading client satisfaction scores. According to the J.D. Power and Associates study, Quicken Loans far exceeded the industry average, ranking highest in overall satisfaction and receiving the highest score in all four key factors of the study: The mortgage application and approval process (quality and convenience); Loan representative (product knowledge, responsiveness and client courtesy); The mortgage closing experience (ease, speed and service); and Contact and communication (keeping clients clearly updated in real time throughout the entire mortgage process) Over the past two years, Quicken Loans moved its headquarters and 6,500 of its team members to downtown Detroit, making national news about the opportunity being created in the city’s dynamic digital corridor. More at www.quickenloans.com, on Twitter at @QLnews, and on Facebook at www.facebook.com/QuickenLoans.
LLamasoft Ranked On Deloitte’s Fastest Growing Tech Companies: LLamasoft Inc., a global provider of supply chain design software, has been ranked No. 216 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. LLamasoft grew 389 percent in revenue during the period between 2007 and 2011. LLamasoft is the only Michigan based company to make this year’s list. LLamasoft founder and CEO Donald Hicks attributes the company’s rapid growth and success to the continued development of innovative modeling technology that enables customers to realize the benefits of designing more efficient and stable supply chains. Deloitte’s 2012 Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America. LLamasoft supply chain design software enables companies across a wide range of industries to model, optimize and simulate their supply chain network, leading to major improvements in cost, service, sustainability and risk mitigation. Headquartered in Ann Arbor, LLamasoft is a leader in supply chain excellence and innovation, advancing technology focused on continuous improvement of enterprise supply chains for the world’s largest organizations. More at www.llamasoft.com.
Kettering University Student’s Image Processing Research Wins ASME Award: A Kettering University senior shared top honors for undergraduate research at the recent 2012 ASME Internal Combustion Engine Division Fall Technical Conference in Vancouver, British Columbia. F. Zak Tilocco was one of two students honored for winning the 2012 ASME ICEF Undergraduate Student Presentation Competition. Tilocco’s research was on “Image Processing Techniques for Determining Needle Lift in Fuel Injectors.” Tilocco is a dual major in applied physics and applied math at Kettering. He is from Solon, Ohio. He shared the ASME ICEF honors with Mr. David Vuilleumier from the University of California – Berkeley. Both received free participation in ASME’s 2012 Fall Technical Conference and travel expenses to Vancouver for the conference in September. The research project was part of his professional co-op experiences at Argonne National Laboratory in Illinois. He shared the research credit with his Argonne National Lab supervisors Alan L. Kastengren and Christopher F. Powell. Both supervisors work at Argonne’s Transportation R&D division, which is led by Kettering University Trustee Larry Johnson. It was only the second year that ASME has hosted the ICEF Undergraduate Student Presentation Competition, which is designed to recruit bright young minds to the internal combustion engine field to help solve our challenging and pervasive engineering problems. The activity also exposes members of industry and academia to future employees and graduate students.