Tag Archives: loanDepot

UWM posts record mortgage volume, but Q3 profits sag

By Matt Carter | November 9, 2021 - 7:48 pm |November 9, 2021 Uncategorized

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Net income down 77 percent from a year ago, when refinancing boom drove higher profit margins. Continue reading →

LoanDepot building purchase loan business as rising rates stunt refis

By Matt Carter | November 3, 2021 - 12:02 am |November 3, 2021 Uncategorized

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

Rocket Mortgage partners with Salesforce to extend tech to lenders

By Matt Carter | October 29, 2021 - 8:08 pm |October 29, 2021 Uncategorized

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Nation’s biggest mortgage lender sees “significant” market opportunity to provide its technology via Salesforce Financial Services Cloud. Continue reading →

OJO exec Chris Heller joins robotic letter writing startup’s board

By Jim Dalrymple II | October 25, 2021 - 6:37 pm |October 25, 2021 Uncategorized

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Audience.co mounts a real pen on a robot to create notes that appear to be written by a human hand. The company says this increases their effectiveness for lead generation. Continue reading →

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

By Veronika Bondarenko | October 12, 2021 - 9:00 am |October 12, 2021 Uncategorized

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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 →

Why Lower.com is about much more than mortgage rates

By Matt Carter | September 8, 2021 - 3:33 pm |September 8, 2021 Uncategorized

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There’s a backstory to Lower that explains why the company believes it can position itself as not just a lender, but “Everything for your home, for Lower.” Continue reading →

New, deeper mortgage relationships boost Blend’s Q2 revenue

By Matt Carter | August 23, 2021 - 3:42 pm |August 23, 2021 Uncategorized

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The San Francisco-based cloud banking software developer reported second quarter revenue of $32.1 million, up 46 percent from a year ago. Continue reading →

United Wholesale Mortgage purchase loan business up 288%

By Matt Carter | August 16, 2021 - 7:46 pm |August 16, 2021 Uncategorized

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UWM CEO Mat Ishbia emphasized the dramatic growth in purchase loan volume, saying the company’s relationships with mortgage brokers will help it stay profitable as mortgage rates increase and refinancings dry up. Continue reading →

Partners help Rocket Mortgage break purchase loan record in Q2

By Matt Carter | August 13, 2021 - 2:09 pm |August 13, 2021 Uncategorized

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Rocket Mortgage posted its best quarter ever for purchase loan originations during the 3 months ending June 30. Continue reading →

Rocket Homes hiring in-house agents, launching iBuyer program

By Matt Carter | August 10, 2021 - 5:53 pm |August 10, 2021 Uncategorized

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Rocket Cos., the parent company of the nation’s biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary. Continue reading →