LoanDepot narrows Q2 loss on spring mortgage demand
At $4.55 billion, loanDepot’s Q2 purchase loan originations were up 30 percent from the first quarter, but down 52 percent from a year ago. Continue reading
At $4.55 billion, loanDepot’s Q2 purchase loan originations were up 30 percent from the first quarter, but down 52 percent from a year ago. Continue reading
The Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages. Continue reading
Residential refinance mortgages more than doubled in Q4 2019, bringing them to their highest point in nearly seven years. Continue reading
For purchase mortgages, across all loan types, the net share of lenders reporting demand growth over the previous three months clocked the lowest reading for any fourth quarter since the Fannie Mae survey’s inception in 2014. Continue reading