A unit of Quicken Loans Inc. that originates through small financial institutions has turned to CalyxSoftware to power its loan origination system.

Quicken Loans Mortgage Services, based in Charlotte, North Carolina, generates business from community banks, credit unions and select brokers.

The Quicken Loans Inc. unit opened for business in 2010. It was founded by Tod Highfield who co-founded DecisionOne Mortgage.

Source: Mortgage Daily