WASHINGTON, March 2 (UPI) -- U.S. mortgage lender Quicken Loans said it was considering moving 700 more employees to Detroit within a year after posting a banner year in 2009.
The lender has already said 1,700 employees would be shifted to downtown Detroit from its headquarters in Livonia, Mich.
The online lender wrote $25 billion in loans in 2009, more than twice the $12 billion it wrote in 2008, the Detroit Free Press reported Tuesday.
Before the financial crisis hit, the lender was talking of building a new headquarters in Detroit. Those plans changed with the economic downturn. The firm is now looking for more space to rent.
Chairman and founder of the firm Dan Gilbert said, "we had a record year, by far, in every category in 2009 -- revenue, mortgage volume, profitability, everything."
The financial firm says it currently employs 3,000, down from 3,600 it employed at the end of 2007.
