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 second-quarter earnings call.
Source: Inman News
LoanDepot accelerating layoffs, exiting wholesale business
Published in anthony hsieh, frank martell, heloc, loan servicing, loanDepot, Markets & Economy, Mortgage, Patrick Flanagan and Select
More from anthony hsiehMore posts in anthony hsieh »
More from frank martellMore posts in frank martell »
More from helocMore posts in heloc »
- Better Mortgage seizes the day on Wall Street with $75M raise
- HELOC disruptor Figure boasts $7B market cap after successful IPO
- Better’s losses shrink as AI boosts 2024 loan volume, revenue
- California is 2nd state to revoke LoanSnap’s license this month
- LoanSnap’s business dried up. Now regulators are after its licenses
More from loan servicingMore posts in loan servicing »
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
- LoanDepot shares surge on bullish call by Citron Research
- Mr. Cooper shareholders approve merger with Rocket Companies
- Rocket, Mr. Cooper merger OK’d by Fannie and Freddie regulator
- Defying conventional wisdom, UWM grows mortgage refis
More from loanDepotMore posts in loanDepot »
More from Markets & EconomyMore posts in Markets & Economy »
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Here’s why price cuts are sweeping the country
- Anywhere: The rise and fall of an industry giant
- Government shutdown could bring mortgage rates down
More from MortgageMore posts in Mortgage »
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Credit bureaus slam plan to cut them out of FICO score pricing
- Government shutdown could bring mortgage rates down
- Supreme Court not ready to let Trump boot Fed Governor Lisa Cook
- Rocket Companies closes Mr. Cooper acquisition
More from Patrick FlanaganMore posts in Patrick Flanagan »
More from SelectMore posts in Select »
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Man attacks real estate agent at vacant property outside LA
- Massachusetts broker arrested, accused of embezzling $11.6M
- This real estate exec says artificial intelligence is ‘lying’ to consumers. Here’s his solution
- Jason Oppenheim respects the Compass deal, but says he’s ‘not happy about it’
Be First to Comment