Gilbert responds to Detroit News' story with line-by-line rebuttal


  • Wikipedia
Just after midnight, Dan Gilbert, Quicken Loans' founder, issued a line-by-line rebuttal of The Detroit News' investigation on the company's record in Detroit, which ran this week. 

The chief complaint of Gilbert (or whomever wrote these responses) appears to be the framing of the piece, saying the volume of loans Quicken Loans issued in Detroit would "drive where you rank in foreclosures." The News found the company had the fifth-highest amount of failed loans in the city among lenders. 

"Without providing that information to that reader, it appears that the News is attempting to distort the reality of Quicken Loans’ actual impact on foreclosures and blight in the City of Detroit," Quicken asserted. 

Roughly 27 percent of the company's mortgages in Detroit were foreclosed on since 2005, which the company said represents under 3 percent of total foreclosures in the city in the same period. 

Gary Miles, the News' managing editor, told MT on Wednesday that Gilbert's remarks during a radio interview this week about the report, which featured Quicken's viewpoints throughout, were disappointing.

"Mr. Gilbert didn’t so much challenge the facts of our reporting on foreclosures and blight in Detroit as he did attempt to assail the character and reputation of two of the most trusted and decorated journalists in Detroit and the credibility of The News," Miles said in a statement. "That’s disappointing. We’re happy to discuss our findings or analysis, as we did with him and his team prior to publication. Their positions were well represented. To respond to the name-calling would only serve to devalue the important work that was done here."

We welcome readers to submit letters regarding articles and content in Detroit Metro Times. Letters should be a minimum of 150 words, refer to content that has appeared on Detroit Metro Times, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at

Detroit Metro Times works for you, and your support is essential.

Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of Detroit and beyond.

Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.

Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep Detroit's true free press free.