Quicken Loans Hires Former Microsoft Exec As VP Of Strategy

Posted by Patrick Barnard on February 01, 2016 No Comments
Categories : Residential Mortgage

Technology executive John Fikany has joined non-bank mortgage lender Quicken Loans in the newly created role of vice president of strategy.

Most recently, Fikany served as general manager and vice president of Microsoft’s Enterprise Sales and Partner Group. In his vice president role, he led Microsoft’s enterprise sales in 18 U.S. states and oversaw nearly 1,000 employees. In his 12 years at the company he also held a number of other senior level roles, including vice president of U.S. commercial sector industries, according to a press release.

Prior to joining Microsoft, Fikany also held multiple vice president sales roles at Oracle.

In his new role at Quicken Loans, Fikany will be responsible for development of strategy and execution for large technology and other initiatives, while identifying and leveraging technology and business opportunities within the firm and its family of companies.

In November, Quicken Loans – which prides itself on being a technology firm first, mortgage lender second – introduced Rocket Mortgage, an online mortgage solution that lets users apply for a mortgage and get conditional approval in under 10 minutes.

Basically, Rocket Mortgage is the first mortgage solution to bring together e-document, e-signature, automated income/asset verification and automated underwriting for just about any type of loan and with a greater degree of user flexibility. The platform also accounts for federal and state regulations and can generate a fully compliant loan regardless of jurisdiction, the company claims.

In a separate announcement, the company says it has produced a television commercial for Rocket Mortgage that will air during this year’s Super Bowl.

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