LoanDepot revamps leadership as it fights steering allegations

Since returning in July as CEO of the company he founded, Anthony Hsieh has cleaned house, hiring or promoting 10 executives who can help take loanDepot “back to our roots.” Continue reading

LoanDepot shares surge on bullish call by Citron Research

Andrew Left’s controversial research firm has a thesis: Trump will win the “war on housing,” and that loanDepot’s mortgage servicing business is undervalued. Continue reading

Citron founder Andrew Left charged with stock manipulation

A longtime thorn in Zillow’s side, Left and his firm Citron Capital LLC face charges from the DOJ and SEC that they profited by taking positions in companies that were the opposite of what they told investors to do. Continue reading

Nation’s largest mortgage lender shorted by Park Avenue hedge fund

United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren’t shopping around for best deals. UWM dismissed a related lawsuit as “a sham.” Continue reading