Women take the leadership spotlight at reverse mortgage summit

Women take the leadership spotlight at reverse mortgage summit

Women take the leadership spotlight at reverse mortgage summit Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 33 minutes ago LatestYour Feed Source... Read more »
West Capital sues loanDepot over TILA pay violations

West Capital sues loanDepot over TILA pay violations

West Capital Lending (WCL) has sued loanDepot, accusing the California-based mortgage lender of engaging in a long-running compensation scheme that violates the Truth in Lending Act (TILA). The lawsuit, filed Friday in... Read more »
Alex Madonna departs loanDepot, starts Trust One Financial

Alex Madonna departs loanDepot, starts Trust One Financial

Just months after loanDepot‘s Alex Madonna was named to a new role to focus on emerging technology, artificial intelligence and modern sales structures, it was announced that he’s departing the company. Madonna,... Read more »
loanDepot CEO Frank Martell explores Project North Star in detail

loanDepot CEO Frank Martell explores Project North Star in detail

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a tantalizing conversation with Frank Martell, the president and CEO of loanDepot, to discuss the company’s... Read more »
loanDepot returns to profitability, announces new strategic plan 

loanDepot returns to profitability, announces new strategic plan 

loanDepot achieved profitability in the third quarter of 2024, ending an 11-quarter streak of financial losses. Cost reductions and revenue growth drove this turnaround amid lower interest rates, which boosted refinancing activity.... Read more »
loanDepot closes 0M warehouse securitization 

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... Read more »
loanDepot closes 0M warehouse securitization 

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... Read more »
LoanDepot Trims 2023 Net Loss By 37 Percent, To 6 Million

LoanDepot Trims 2023 Net Loss By 37 Percent, To $236 Million

The moment has arrived — the moment to take charge. This summer, at Inman Connect Las Vegas, July 30-Aug. 1, 2024, experience the complete reinvention of the most important event in real... Read more »
loanDepot closes 0M warehouse securitization 

loanDepot narrows losses in 2023, expects tough first quarter due to cyberattack

loanDepot greatly reduced its costs in 2023 while revenues were in free fall amid a contracting market. It wasn’t enough to bring the California-based lender company profitability, but it narrowed its losses.  Operationally,... Read more »
AlphV/BlackCat claims credit for loanDepot cyberattack

AlphV/BlackCat claims credit for loanDepot cyberattack

Infamous ransomware gang AlphV/BlackCat claimed it was behind the January cyberattack at top 15 U.S. mortgage lender loanDepot. loanDepot, which originated about $17 billion in mortgages in the first three quarters of... Read more »