Dan Gilbert will Appear on CNBC to Discuss Mortgage Rates

Livonia, Mich. – March 19, 2009 – Dan Gilbert, Chairman and Founder of Quicken Loans, will appear on CNBC’s Power Lunch on March 19, 2009. Gilbert will discuss why the Fed’s March 18th announcement that it would purchase more than $1.2 trillion in mortgage-backed securities, Treasuries and mortgage debt resulted in a steep decline in mortgage rates.

# # #