General World News

Lawsuits, red tape & interest rates: Do mortgage JVs have staying power?

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This is part two of a two-part series on joint ventures in the housing industry. To read the first part of this series, go here.

On a sunny, serene fall afternoon, the Chicago neighborhood of Ravenswood featured quiet socializing on outdoor brewery patios, cyclists of all ages, and, hidden alongside the elevated train tracks, the headquarters of mortgage lender Guaranteed Rate.

Founded in 2000 by its current CEO, Victor Ciardelli, Guaranteed Rate has Chicago brand recognition after it paid $2 million a year to rename where the White Sox play details ⇒

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