A dispute that started out with disparaging flyers handed out by employees of United Wholesale Mortgage’s parent about Quicken Loans Inc. has escalated into accusations of false reporting by both firms.

Earlier this summer, surveillance video captured three United Shore Financial Services LLC employees in the streets surrounding Quicken’s Downtown Detroit headquarters distributing derisive flyers.

The flyers were targeted at loan originators employed by Quicken and claimed that the home lender offers outside mortgage brokers better compensation potential than its in-house originators.


Source: Mortgage Daily