What else is special about southeastern Michigan? (from my email)
Southeastern Michigan is notable for its significant contributions to both the mortgage and pizza industries. The region is home to the two largest residential mortgage lenders in the U.S., United Wholesale Mortgage and Rocket Mortgages. Additionally, it has shaped global pizza culture through major chains like Domino's and Little Caesar's, which originated there.
- ▪United Wholesale Mortgage and Rocket Mortgages are the two largest residential mortgage lenders in the U.S.
- ▪In 2025, United Wholesale Mortgage had $164 billion in mortgage originations, while Rocket Mortgages had $113 billion.
- ▪Southeastern Michigan is the birthplace of major pizza chains, including Domino's and Little Caesar's.
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What else is special about southeastern Michigan? (from my email) by Tyler Cowen May 18, 2026 at 2:40 am in Economics Food and Drink History Thanks for swinging by Southeastern Michigan. He are two things other things that this area continues to produce and export at scale that don’t get as much notice: * Mortgages – The two largest residential mortgage lenders are located in Detroit: United Wholesale Mortgage ($164B of mortgage originations for 2025) and Rocket Mortgages ($113B). It’s a fragmented industry, but to give you a sense of their comparative scale, Chase is #3 lender @ $66B in originations. Detroit continues to be the home of financial services for many Americans’ largest purchase. * Food – Michigan, not NY or Italy, is responsible for the scaling of pizza.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Marginal Revolution.
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