LoanDepot building purchase loan business as rising rates stunt refis

Joint ventures with homebuilders and referral relationships with real estate agents are helping fuel loanDepot’s partner channel. Continue reading

The 20 biggest luxury mountain sales of 2021 (so far)

Traditional mountain resort towns like Aspen and Vail were extremely popular in 2021 with ultra-rich buyers looking for places to wait out the pandemic. Continue reading

LoanDepot’s ‘Grand Slam’ offer bundles agent, mortgage and title insurance

LoanDepot and its agent matching subsidiary, mellohome, will offer cash rebates of up to $7,000 on bundled services. Continue reading

Homeowners are losing their enthusiasm for refinancing

Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down after surging in February in March. Continue reading

Amid IPO craze, mortgage industry CEOs join Forbes’ billionaires list

Mat Ishbia of United Wholesale Mortgage and Anthony Hsieh of loanDepot joined Rocket’s Dan Gilbert on Forbes’ list of billionaires after taking their companies public. They are now some of the richest men in the mortgage industry. Continue reading

Figuring out financing is the first step for 73.5% of buyers

In a loanDepot and mellohome survey of 1,000 buyers, 73.5 percent said they researched financing options before they began looking for a home. Continue reading