LoanDepot logs best quarter ever for purchase loans in Q2
But dwindling profit margins on shrinking mortgage refinancings take a deep bite out of second-quarter earnings. Continue reading
But dwindling profit margins on shrinking mortgage refinancings take a deep bite out of second-quarter earnings. Continue reading
LoanDepot and its agent matching subsidiary, mellohome, will offer cash rebates of up to $7,000 on bundled services. Continue reading
Offerpad has shuttered a joint venture it formed in 2017 with loanDepot and is now operating as a licensed mortgage broker in Alabama, Arizona and Colorado. Continue reading
The buyer, LoanDepot founder Anthony Hsieh, is leasing the property back to the developer for the next 30 months. Continue reading
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
As lenders pivot from refinancings to purchase loans, loanDepot builds on its track record of partnering with homebuilders. Continue reading
Refinances are decreasing as purchases take over market share. These top 10 purchase lenders from 2020 are best prepared to dominate lending in 2021. Continue reading
Mortgage lenders saw record volume in 2020, with refinances leading the way. Here are the top lenders that dominated refinances last year. Continue reading
Mortgage brokers claimed more than 20 percent of market share for the first time in over a decade this January, and these 10 companies are leading the charge, according to rankings published by the Association of Independent Mortgage Experts. Continue reading
The release of 2020 Home Mortgage Disclosure Act data reveals a growth surge across mortgage lending. One lender recorded more than 340 percent growth from the previous year. Continue reading