California mortgage tech firm Blend Labs narrowed its loss in 2023 by expanding its consumer banking footprint and growing its mortgage consumer base. The San Francisco-based company reported a non-GAAP net loss... Read more »
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 »
San Diego-based lender Guild Mortgage lost money in 2023 but grew its market share through a focus on purchase mortgage originations, it reported in an earnings call on Tuesday. Similar to other... Read more »
Travis VanderZanden has driven his scooter into the gutter, having sold his hilltop Bel-Air estate at a $10.9 million loss. The founder and former CEO of Bird, the Santa Monica-based scooter-sharing firm,... Read more »
The Mortgage Bankers Association (MBA) and the National Mortgage Servicing Association (NMSA) are expressing their views on a recently revised Federal Housing Administration (FHA) loss mitigation proposal, stating that it needs additional... Read more »
Relevant Group has sold the Morrison Hotel in Downtown Los Angeles — named after appearing on The Doors’ album cover of the same title — to AIDS Healthcare Foundation, The Real Deal... Read more »
Fifteen years ago, the TARP bailout bill was signed into law. $700 billion in taxpayer funds were authorized to help stabilize the economy in free fall in the wake of the Lehman bankruptcy... Read more »
Mortgage tech firm Blend Labs continued to narrow its financial losses in the third quarter, driven by strong growth in its consumer banking business. Its mortgage business outperformed the broader origination market... Read more »
loanDepot, the California-based lender targeting profitability next year, delivered its sixth consecutive quarterly loss in the third quarter of 2023, according to documents filed with the Securities and Exchange Commission (SEC) on Tuesday. Total... Read more »