For several years, Quicken and United Shore have been the two largest mortgage originators in the nation. In 2020, Quicken apparently originated more than 1.1 million mortgages and United Shore about 560,000. United Shore changed their name to United Wholesale Mortgage. Does that name change imply that they will move away from their retail activity in originating mortgages for individuals?

Is metro Detroit becoming something of a national financial center? Back in 1913, Detroit and Michigan did not have the political clout that Cleveland and Ohio had so Detroit lost its chance to become home to one of the federal reserve bank districts. But now, the Detroit area is home to the two largest mortgage originators in the country and Huntington - one of the nation's 25 largest banks - is about to move into their new 22 story building just across from Comerica. And Huntington promises $1 billion for loans to minorities, underserved communities and small businesses in Wayne County in the next few years.