Quicken Loans Inc., RockBridge Equity Partners Acquire One Mortgage Network

RockBridge Equity Partners and Quicken Loans Inc. have acquired One Mortgage Network LLC, a San Diego-based provider of government-sponsored reverse mortgage programs. No financial terms of the transaction were disclosed.

RockBridge and One Mortgage Network expect that partnering with Quicken Loans, the nation's largest online retail mortgage lender, will enable One Mortgage Network to build one of the most sophisticated reverse mortgage origination platforms in the country.

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