A little more than a year after a former Quicken Loans Inc. executive launched his own company, another firm is taking over the business and hiring him as its retail chief. The acquiring firm claims to be among the nation’s 10 biggest originators of Federal Housing Administration loans.
A March 2010 news release announced the launch of Hall Financial Corp.
The Birmingham, Mich., company’s founder, David Hall, spent eight years as senior vice president and chief marketing officer at Quicken-subsidiary Rock Financial. During that period, he hosted a radio show and appeared in television commercials on behalf of the retail online lender.
An announcement Monday from Shore Financial Services Inc., which is also based in Birmingham, indicated that Hall Financial will be integrated into Shore.
In addition, Hall was hired as president of Shore’s retail mortgage division.
“After a nationwide search to fill this vital position, we strongly felt that David Hall is a proven, highly respected executive whose leadership in retail matches our prominence in wholesale lending,” said Kip Kirkpatrick, who recently became Shore’s chief executive officer, in the announcement. “With this appointment and the integration of Hall Financial Corp. into our firm, Shore Financial continues its series of bold steps designed to capitalize on opportunities in the mortgage lending industry.”
