| Date | Title | Description |
| 01.11.2024 | NRMLA asks HUD to extend reporting timetable for cybersecurity incidents | The National Reverse Mortgage Lenders Association (NRMLA) said this week that it has submitted comments to the U.S. Department of Housing and Urban Development (HUD) requesting that the agency, at minimum, align its cybersecurity reporting ... |
| 21.10.2024 | DOJ sues Rocket, appraisal companies over alleged discrimination | Another regulator has sued Rocket Mortgage for allegedly discriminating against a Black homeowner by undervaluing her home during an appraisal in Colorado three years ago. And the Detroit-based lender believes it’s a “massive overreach.”
On... |
| 30.09.2024 |
loanDepot closes $300M warehouse securitization | California-based loanDepot on Monday announced it has closed a $300 million offering of notes backed by a revolving warehouse line of credit and secured by mortgages.
loanDepot said this is the 10th time it has closed a transaction of this ... |
| 27.09.2024 | The Mortgage Industry's New Dawn: Hiring with Caution and Strategy | The mortgage industry is waking up from a long slumber. After years of cuts and layoffs, lenders are starting to hire again. But this time, the landscape is different. The past three years have been a rollercoaster, and companies are approa... |
| 25.09.2024 |
The mortgage industry is hiring again – but on different terms | Applicants hoping to get a mortgage job in 2024. (Image created by AI in Midjourney.)
After cutting to the bone over the past three years, several large mortgage lenders are beginning to ramp up hiring. These companies are adding sales and ... |
| 23.09.2024 |
loanDepot hires military advocate Bryan Bergjans | California-based mortgage lender loanDepot has hired military advocate Bryan Bergjans as part of an effort to boost its lending capacity in the U.S. Department of Veterans Affairs (VA) space.
Bergjans joined the company this month as its na... |
| 11.09.2024 |
loanDepot hires Nancy Smith to oversee Colorado, Wyoming markets | California-based mortgage lender loanDepot appointed Nancy Smith to lead its Colorado and Wyoming branches as regional vice president of in-market retail.
Smith will be responsible for growing sales volume in Colorado, which has the sixth-f... |
| 06.09.2024 | Laravel's Leap: A $57 Million Investment in Open-Source Innovation | In the tech world, funding is like rocket fuel. It propels companies into new orbits. Laravel Holdings Inc. has just secured $57 million from Accel Partners LP, a significant boost for the company behind the popular Laravel PHP web applicat... |
| 05.09.2024 |
Lower’s Dan Snyder will share his story at the HousingWire IMB Summit | Dan Snyder rarely steps into the spotlight, but his name, strategic moves and execution are talked about frequently in mortgage banking circles.
This changes on Oct. 1, 2024, when Snyder, the CEO of Lower, steps on to the main stage at the ... |
| 04.09.2024 |
Large lenders have expanded their digital home equity options | With elevated levels of home equity across the U.S., mortgage lenders are making home equity lending more accessible to reach more borrowers.
Nearly all of the companies analyzed that provide home equity lending have a digital application p... |
| 23.08.2024 | Mortgage lender Loan Kuber raises $3.5 million in funding | ETtechSaurabh Nagpal, cofounder, Loan Kuber
Mortgage lender Loan Kuber has raised $3.5 million in a funding round led by Singapore-based venture capital firm TRTL Ventures and existing investor Inflection Point Ventures.
Read More News on
L... |
| 22.08.2024 |
loanDepot adds first-lien HELOC to its product suite | loanDepot added a first-lien home equity line of credit (HELOC) to its product suite that will enable homeowners without a mortgage to borrow from their home equity.
The first-lien HELOC program will allow borrowers to access the equity in ... |
| 19.08.2024 | Ransomware: The Rising Tide of Cybercrime | Ransomware is a beast. It lurks in the shadows, waiting for the right moment to strike. Recent data reveals a staggering 58% surge in ransomware attacks in July 2024, shattering previous records. This alarming trend paints a grim picture fo... |
| 18.08.2024 | Ransomware attacks surge 58% in July, breaking records | Recent data reveals a significant rise in ransomware attacks during the month of July, breaking previous records for the same period.
According to Blackfog's July State of Ransomware Report, there were 60 publicly disclosed attacks, marking... |
| 16.08.2024 |
Buying with a twist: Reverse mortgages for senior buyers | In my work, I talk with many seniors. Many are reluctant to leave their homes even when those homes are no longer suitable for their needs. Sometimes, the concern is emotional, but more often than not, it’s financial. What happens if they s... |
| 08.08.2024 | Market Turbulence and Innovation: A Tale of Two Real Estate Worlds | The financial landscape is a stormy sea. Recent stock market sell-offs have sent ripples through various sectors, including real estate. The S&P 500 and Dow Jones Industrial Average took significant hits, with declines of 3% and 2.6%, r... |
| 08.08.2024 | Homeowners race to refinance as mortgage rates retreat from 23-year highs | - |
| 06.08.2024 |
loanDepot sells MSRs, improves margins in Q2 | California-based mortgage lender loanDepot reduced its financial loss in the second quarter of 2024 while still feeling the impacts of a January cyberattack. During the three-month period, the company increased its volumes and margins while... |
| 05.08.2024 |
Lenders, brokerages weather stock market sell-off, but homebuilders get thumped | The global stock selloff that began overnight in Asia rolled through U.S. markets on Monday as the S&P 500 and the Dow Jones Industrial Average fell by 3% and 2.6%, respectively.
While technology-sector darlings such as Nvidia and Apple... |
| 01.08.2024 |
Announcing the 2024 HousingWire Insiders | HousingWire is proud to announce the 2024 list of Insiders, recognizing 70 exceptional operational leaders who are instrumental in driving the success of their companies and the broader housing industry.
Now in its 9th year, the HousingWire... |
| 30.07.2024 | The Mortgage Landscape: Growth, Competition, and Legal Battles | The mortgage industry is a complex web of competition, growth strategies, and legal disputes. Recent developments highlight the push for innovation and the challenges that come with it. Two stories stand out: Lower’s ambition to reshape the... |
| 30.07.2024 |
Mr. Cooper to issue $750M in debt following M&A deal with Flagstar | Mr. Cooper Group has priced the issuance of $750 million in debt to refinance outstanding mortgage servicing rights (MSR) facilities, an announcement that comes only four days after making public its billion-dollar acquisition of Flagstar B... |
| 29.07.2024 |
loanDepot, Movement Mortgage file motion to dismiss poaching lawsuit | Mortgage lenders loanDepot and Movement Mortgage have agreed to end a one-year dispute over the poaching of employees, according to a document filed Friday in a district court in Delaware.
In June 2023, California-based loanDepot accused it... |
| 16.07.2024 |
Bank of America mortgage origination volume jumps 66% in Q2 | Mortgage production increased at Bank of America (BofA) in the second quarter of 2024 compared to the previous three months, but the bank’s home loan volumes were still lower than those delivered in the same period last year.
Competitors We... |
| 10.07.2024 |
Opinion: Fostering Latino homeownership through workforce representation | Building a diverse workforce representative of today’s homebuyers is more than just good business strategy, it’s a moral obligation for the housing industry.
The demographics of first-time homebuyers in this country are shifting, with Latin... |
| 26.06.2024 |
New American Funding hires Craig Stammler to oversee Western markets | Craig Stammler has joined New American Funding (NAF) as a regional vice president, the California-based mortgage lender announced Tuesday.
Stammler, who previously worked for loanDepot, Wells Fargo and Countrywide, will be responsible for o... |
| 20.06.2024 |
loanDepot concludes $500M debt extension | California-based loanDepot has concluded the transaction to extend $497.7 million in senior notes due in the fourth quarter of 2025, resulting in new debt with a higher interest rate and a shorter maturity period than usually seen in the ma... |
| 18.06.2024 |
Redwood Trust to close $85M in debt offering | Real estate investment trust Redwood Trust is expected to close on Tuesday on the offering of $85 million in debt, following on the heels of other companies in this space. Analysts say the resources could be used to buy back other outstandi... |
| 17.06.2024 |
loanDepot promotes Viviana Abarca to lead mortgage lending operations | loanDepot has promoted Viviana Abarca, who has worked for the mortgage lender for the past 11 years, to managing director of mortgage lending operations. Abarca will report directly to president and CEO Frank Martell, the company announced ... |
| 13.06.2024 |
NAHREP recognizes top 250 Latino mortgage originators | The National Association of Hispanic Real Estate Professionals (NAHREP) this week released the 10th edition of its annual Top 250 Latino Mortgage Originators rankings, honoring the top-performing Latino mortgage originators across the count... |
| 13.06.2024 | NAHREP Announces Prestigious Top 250 Latino Mortgage Originator Award Recipients | National Association of Hispanic Real Estate Professionals
DHI Mortgage, Guaranteed Rate Companies, and CrossCountry Mortgage, LLC Lead the Way in Supporting Excellence in Latino Mortgage Origination
SAN DIEGO, June 13, 2024 /PRNewswire-PRW... |
| 11.06.2024 |
Under stress, loanDepot ‘buys time’ with plan to extend $500M debt | California-based loanDepot plans to extend its $497.8 million in senior notes due in the fourth quarter of 2025 at a lower maturity and a higher interest rate. The transaction reflects a business under stress but brings temporary relief to ... |
| 05.06.2024 |
loanDepot adds Andrews, Wilkish to its sales leadership ranks | California-based mortgage lender loanDepot (LDI) has made two additions to its sales leadership team.
On Wednesday, the company confirmed that Justin Andrews has been hired as the new area sales manager in the Seattle region. Andrews comes ... |
| 03.06.2024 |
First American details extent of December cyberattack damage | The cyberattack that crippled First American Financial‘s systems in late December affected a total of 44,000 individuals, according to filings submitted to regulators on Friday.
In an 8K disclosure submitted to the Securities and Exchange C... |
| 03.06.2024 |
Congratulations to the 2024 Marketing Leaders | HousingWire’s 2024 Marketing Leaders award recognizes the most creative and influential marketing minds in the housing economy. This year’s winners have demonstrated exceptional creativity, strategic thinking, and the ability to adapt in a ... |
| 07.05.2024 |
Impacted by a cyberattack, loanDepot delivers a Q1 loss of $38M | loanDepot delivered another financial loss in the first quarter of 2024, during which the mortgage lender dealt with the impacts of a cyberattack that brought down its systems.
The California-based lender recorded a non-GAAP adjusted net lo... |
| 02.05.2024 | Colorado Rockies | Rockies' Historic Losing Streak Continues | The Colorado Rockies are in the midst of a historic losing streak, tying franchise records and setting new lows in consecutive games trailing. Despite flashes of potential from players like Jordan Beck and Ryan Feltner, the Rockies continue... |
| 01.05.2024 |
Rates at 7% attract different types of borrowers, forcing lenders to rethink profit strategies | Industry experts believe mortgage rates will remain higher for longer, attracting borrowers who face life events but not “economic gamers“ to the mortgage market. In turn, this will force some lenders to think out of the box to attain profi... |
| 30.04.2024 |
Reverse mortgage professionals react to H4P rule changes | After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program late last year, the reverse mortgage industry expressed a lot of excitement.
In the newly proposed rules handed down in Octobe... |
| 30.04.2024 | Colorado Rockies | Reeling Rockies suffer epic collapse, lose 7-6 to Marlins in 10 innings | Leave it to the Rockies to ruin a couple of storybook endings.
In one of the worst meltdowns in recent memory, the Rockies blew a 5-0 lead in the ninth inning and lost 7-6 to the woeful Marlins in 10 innings Tuesday night at loanDepot park.... |
| 23.04.2024 |
loanDepot CEO talks ‘longer and tougher’ mortgage cycle, NAR settlement and cyberattacks | loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” Adding to this challenge, lenders must deal with an increased risk of cyberattacks, something that loanDepot itself expe... |
| 16.04.2024 |
BofA’s mortgage production falls in Q1 | Bank of America (BofA) reported another quarterly decline in mortgage and home equity production in the first quarter of 2024.
On Tuesday morning, the top-20 U.S. mortgage lender stated it produced a volume of $3.4 billion in first mortgage... |
| 03.04.2024 | Ricky Davis & Beth Cheeseman Join the Identity Theft Resource Center's Board of Directors | ITRC Board Directors Ricky Davis and Beth Cheeseman have vast knowledge and expertise in data privacy and protection.
ITRC Board Director Ricky Davis has enterprise-wide responsibility for Synchrony's comprehensive privacy program; Beth Che... |
| 29.03.2024 |
HUD seeks public comment on updates to reverse mortgage documents | The U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equit... |
| 18.03.2024 |
Data breach at Nations Direct Mortgage impacts 83,000 borrowers | Nevada-headquartered wholesale lender Nations Direct Mortgage revealed that an unauthorized third party obtained access to the data of more than 83,000 customers on or about Dec. 30, 2023, the lender disclosed on March 14 in a notice shared... |
| 18.03.2024 |
National columnist examines CFPB reverse mortgage advertising data | A national syndicated columnist has taken a closer look at the reverse mortgage product category after reviewing data from the Consumer Financial Protection Bureau (CFPB) about the industry’s advertising practices, and she says that the pro... |
| 14.03.2024 |
Lisa Moriello talks tech, 2024 HECM limit and openness to reverse mortgages | Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot, recently spoke to RMD about how business in 2024 seemed to be off to a promising start.
Diving deeper into the current reverse mortgage busi... |
| 01.02.2024 |
Announcing the 2024 Tech100 Mortgage Winners! | The Tech100 Mortgage award celebrates the most innovative and impactful organizations in housing. More than just an acknowledgment; the Tech100 award is a testament to the transformative impact these companies have made, propelling the mort... |
| 10.01.2024 | LoanDepot Hacked: US’ second largest non-bank mortgage lender hit by cyberattack | LoanDepot, the second-largest nonbank mortgage lender in the United States, has become the latest victim of a cyberattack. The California-based company confirmed on Monday that an unauthorized third party successfully breached some of its c... |
| 19.09.2023 |
Alec Hanson on reverse mortgage specialists and not sleeping on social media | There are a couple longstanding debates in the reverse mortgage business. One is loan originator specialization, whether a lender or broker shop should have dedicated reverse LOs, or “converted” forward mortgage professionals. There’s also ... |
| 20.01.2023 | Industry Leader Black Knight to Help Fuel loanDepot’s Next Generation of Lending Services | Black Knight, Inc. announced it will be integrated with loanDepot’s next generation of lending services as the company migrates some of its backend operations to Black Knight’s scalable and secure cloud-based Empower loan origination system... |
| 02.11.2021 | loanDepot Announces Pricing of Initial Public Offering | FOOTHILL RANCH, Calif. — LD Holdings Group LLC today announced that its newly formed affiliate, loanDepot, Inc. (“loanDepot”), has priced its initial public offering of 3,850,000 shares of its Class A common stock (“Common Stock”) at $14.00... |
| 29.09.2021 | Largest-ever War Heroes on Water sportfishing tournament for combat-wounded veterans kicks off this weekend | NEWPORT BEACH, Calif., Sept. 28, 2021 /PRNewswire/ -- On Saturday, October 2, 2021, the fourth annual War Heroes on Water (WHOW) sportfishing tournament will kick-off its largest tournament to-date by every measure—number of participating v... |
| 30.04.2021 | LoanDepot forms JV with homebuilder LGI Homes | Top retail mortgage lender loanDepot has formed yet another strategic joint-venture with a fast-growing homebuilder.
California-based loanDepot has formed a JV partnership with LGI Homes, called LGI Mortgage Solutions, the companies announc... |
| 29.04.2021 | loanDepot : and LGI Homes Debut LGI Mortgage Solutions | SCOTTSDALE, Ariz., April 29, 2021 /PRNewswire/ -- loanDepot.com, LLC, a subsidiary of loanDepot, Inc. (NYSE: "LDI"), the nation's third largest retail mortgage lender, and LGI Homes, one of the fastest growing home builders in the... |
| 22.04.2021 | LOANDEPOT, INC.
loanDepot : Declares Special Dividend of $200.0 Million and Announces Early Lock-Up Release | FOOTHILL RANCH, Calif., April 21, 2021 /PRNewswire/ -- loanDepot, Inc. (the "Company," NYSE: "LDI," together with its subsidiaries, "loanDepot") today announced that it has declared a special cash dividend on i... |
| 24.03.2021 | LoanDepot launches JV with another homebuilder | LoanDepot, the nation’s second-largest nonbank retail mortgage lender, struck up a joint-venture with Schell Brothers, a homebuilder based in Delaware.
The venture is to be called Henlopen Mortgage, the firms said in a statement this week.
... |
| 23.03.2021 | loanDepot Announces Upsize and Pricing of $600 Million of Senior Unsecured Notes | |
| 08.03.2021 | loanDepot Named Presenting Sponsor of MLB American and National League Championship Series | |
| 12.02.2021 | Money Left on the Table? loanDepot Closes at $22 a Share Up 57% From IPO Price [u] | loanDepot (NYSE:LDI) floated shares today on the NYSE following a significant decrease in its IPO price. The online mortgage lender listed shares at $14 each after previously filing an S-1 indicating its intent to float shares in a range of... |
| 11.02.2021 | LoanDepot raises just $54M in downsized IPO | Online retail lender loanDepot raised just $54 million by offering 3.9 million shares at $14 on Thursday, far below the range of $19 to $21 it initially had sought. The downsized offering follows a theme that’s afflicted almost all of the n... |
| 08.02.2021 | LoanDepot to IPO this week at possible $6.2B valuation | After pushing back its initial public offering a week, loanDepot looks poised to tap the public markets at a $6.2 billion valuation later this week.
The multi-channel mortgage lender hopes to raise $300 million by pricing its shares between... |
| 02.02.2021 | loanDepot Expected to IPO This Week Raising Over $300 Million | Yesterday, loandDepot filed an updated S-1 with the Securities and Exchange Commission as it bumped up its share price to $21 for a forthcoming initial public offering (IPO) that may raise a gross amount of over $362 million.
According to t... |
| 27.01.2021 | Upcoming IPO could value loanDepot at $6.5B | LoanDepot, one of America’s largest mortgage lenders, released pricing of its hotly anticipated independent public offering (IPO) on Wednesday. The multichannel lender said it would be selling 9.41 million shares of common stock; funds held... |
| 11.01.2021 | LoanDepot files paperwork to go public in 2021 | The moment has finally arrived: California-based lender loanDepot has filed an updated S-1 with the Securities and Exchanges Commission and plans to go public in 2021.
The company, founded by billionaire entrepreneur Anthony Hsieh, said Mon... |
| 11.11.2020 | LoanDepot says it’s going public (for real this time) | After a dramatic false start in 2015, California-based lender LoanDepot says it’s finally going public.
The company, founded by billionaire entrepreneur Anthony Hsieh, said Wednesday morning that its newly formed affiliate loanDepot Inc. ha... |
| 28.08.2020 | War Heroes on Water :, the Landmark Annual Sportfishing Event that Honors and Serves Combat-Wounded Veterans, Adds a Newport Harbor Boat Parade to its Upcoming 2020 Tournament Itinerary | NEWPORT BEACH, Calif., Aug. 28, 2020 /PRNewswire/ -- War Heroes on Water, (WHOW) the landmark sportfishing event conceptualized by loanDepot Founder and CEO Anthony Hsieh, will feature a new aspect this year—a patriotic boat parade through ... |
| 09.01.2020 | loanDepot to Pay Off Two Homeowners’ Mortgages Through 10-Year Anniversary nextX Sweepstakes | loanDepot announced on Thursday it will celebrate its 10 year anniversary by paying off one lucky customer AND one employee’s mortgage through its nextX Mortgage Sweepstakes, which will feature $680,000 in total prizes. According to loanDep... |
| 31.12.2019 | The growing market share of nonbanks and alternative financing in the online mortgage lending industry
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| 07.10.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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| 30.09.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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| 23.09.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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| 16.09.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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| 04.09.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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| 15.09.2016 | loanDepot officially withdraws IPO filing | loanDepot officially requested that the Securities and Exchange Commission withdraw its initial public offering, which was filed nearly a year ago.
According to the SEC filing, “The company has determined not to pursue a public offering of ... |
| 17.08.2016 | Plan B: loanDepot closes on $150M in capital transaction | Nearly one year after it postponed its initial public offering due to market conditions, loanDepot announced it went a different route to gain capital, closing $150 million in term debt financing on Aug. 9.
This time around the “nation’s se... |
| 11.01.2016 | loanDepot’s fight to be the No. 1 nonbank consumer lender | loanDepot made a lot of moves in 2015 to reach its goal of becoming the No. 1 nonbank consumer lender.
While the company said it hasn’t passed Quicken Loans for the top spot, it has done a lot to position itself for growth in 2016.
The lend... |
| 01.12.2015 | loanDepot closes first $150M securitization of personal loans | loanDepot announced it closed a $150 million securitization of unsecured personal loans, demonstrating the increasing demand for the new product.
The online mortgage lender officially moved into marketplace lending on May 13, becoming the f... |
| 23.11.2015 | LoanDepot Bags IPO. For Now. | In a blog post, LoanDepot CEO Anthony Hsieh explained his decision to hold off on launching an IPO for now. Hsieh used the experience of Square, which dropped its IPO price by 25% to boost investor interest just prior to offering shares to ... |
| 12.06.2013 | VIDEO: loanDepot goes Lone Star | Making its footprint in the suburbs of Plano, Texas, loanDepot joins corporations such as Pepsico and even HousingWire in north Dallas.
Retail mortgage lender loanDepot opened its new co-headquarters in Plano, Texas, conveniently located ju... |
| 05.01.2010 | Parthenon Capital Partners Announces Investment in loanDepot | SAN FRANCISCO, CA—Parthenon Capital Partners, a private equity firm with offices in San Francisco and Boston, announced today that it completed an investment in loanDepot, an online consumer direct mortgage origination company based in Irvi... |
| - | Homium: Home Equity Mortgage Lender Company Raises $10 Million | Homium, a home equity mortgage lender and securitization platform, announced it launched its tokenized home equity loans on Avalanche (smart contracts platform). To further develop the platform and scale its lending business, Homium raised ... |
