Mortgage rates ease on benign December inflation report
Investors bid up shares of mortgage lenders and real estate companies after 'relatively benign' CPI report ends speculation that inflation worries might force the Fed to raise rates this year
by Matt Carter Jan 15
AnnieMac notifies more than 170K customers of data breach
National mortgage lender offering affected customers free credit monitoring and identity theft protection after hackers accessed Social Security numbers in August data breach
by Matt Carter Nov 18
Surprises, setbacks and shifts: Q3 2024 earnings
Real estate giants report mixed results in Q3 earnings statements, as market shifts put profitability and growth strategies to the test
by Jessi Healey Nov 7
LoanDepot is back in the black for the first time since Q4 2021
Beleaguered lender ekes out $2.67M Q3 profit on $315M in revenue, with loan originations up 9% from a year ago as mortgage refinancing bounces back on retreating rates
by Matt Carter Nov 5
LoanDepot adds to its stable of homebuilder joint ventures
Partner in Ridgeland Mortgage, Smith Douglas Homes, went public in January and targets price-conscious entry-level and empty-nest homebuyers in the South and Southeast
by Matt Carter Nov 5
Judge gavel with justice lawyers to represent appraisal bias lawsuit
Department of Justice alleges appraisal that erased $220K from Denver duplex's value discriminated against Black owner and thwarted her attempt to refinance at lower rates
by Matt Carter Oct 22
Unlock set to expand product set, footprint with $30M Series B
Strategic partnership with D2 Asset Management will help the shared equity pioneer go nationwide, after signing home equity agreements with more than 10K homeowners in 16 states
by Matt Carter Sep 4
LoanDepot boosts revenue, sells servicing to restructure debt
Pending $25M settlement of January cyberattack adds to $66M Q2 net loss, but executives say they're in a better position to grow after selling $29B in mortgage servicing rights
by Matt Carter Aug 6
10 top takeaways from Inman Connect Las Vegas
These Inman Connect Las Vegas panels highlighted the immense value of community and collaboration in driving our industry forward, Inside Real Estate's Stacey Soleil writes
by Stacey Soleil Aug 6
To mortgage or not to mortgage? That is the question (for brokers)
HomeLight CEO Drew Uher says he's glad to be out of the mortgage business. Fathom CEO Marco Fregenal sees the value of being in lending 'in a very selective way' to help agents close deals
by Matt Carter Aug 1
Affordability: It's not just high mortgage rates and home prices
Rising cost of construction, insurance and property taxes creating obstacles for homebuyers that require help from real estate agents and mortgage lenders: LoanDepot CEO Frank Martell
by Matt Carter Aug 1
Inman Connect Las Vegas agena revealed
Join thousands of real estate pros in Las Vegas from July 30 - Aug. 1 for transformative insights and unparalleled networking opportunities
UWM's 0-down loans a hit with buyers, worry consumer advocates
Unlike subprime loans that were subjected to minimal underwriting standards in the runup to the 2007 housing crash, new 0-down loans meet criteria set by mortgage giant Freddie Mac
by Matt Carter Jun 4
Back in growth mode, Better is hiring again but still in the red in Q1
The lender boosted mortgage volume 25% from Q4 but suffered a $51M loss, according to Q1 earnings data on Tuesday. CEO Vishal Garg said Better's future 'lies in Uberizing the loan officer'
by Matt Carter May 15
Here's who sank and who soared in Q1 2024 earnings
Real estate’s Q1 earnings are in. From CoStar’s revenue surge to Opendoor’s slump, we have all of the highs and lows
by Jessi Healey May 9