The lender plans to boost revenue by growing purchase loan business and loan servicing portfolio, with digital HELOC also in the works, according to a…
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Lender hopes to cut up to $400 million in annual expenses and become profitable by the end of 2022 after rising mortgage rates gut profitable…
LoanDepot will lay off workers and suspend its quarterly dividend after posting a $91.3 million first quarter loss. Source: Inman News
Former CoreLogic CEO Frank Martell will oversee LoanDepot’s daily operations while Hsieh will continue to play “holistic strategic role” as executive chairman. Source: Inman News
Martell, whose exit comes six months after CoreLogic’s acquisition, will stay on as a nonexecutive chairman of the board, while COO Pat Dodd fills the…
The upward spiral continued as home prices surged a record 18 percent year over year in October to the highest growth rate in the 45-year…
Frank Martell has been with CoreLogic since 2011. As a member of Compass’ board, he’ll be tasked with helping guide the company forward. Source: Inman…
The foreclosures rate fell to 0.2 percent in June 2021 from 0.3 percent the previous year, according to data released Tuesday from CoreLogic. Source: Inman…
Home price growth in July soared a record-shattering 18 percent year over year, the highest price appreciation recorded since CoreLogic began tracking the metric in…
Across the country, 4.7 percent of mortgages were in some form of delinquency — a number that remained stable from the previous month. Source: Inman…