A full list of real estate companies making layoffs in 2022 and 2023
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
by Matt Carter Jun 3
LoanDepot to lay off workers as originations plunge 48%
Mortgage lender suspends its quarterly dividend after posting a $91.3 million first quarter loss
by Matt Carter May 10
LoanDepot founder Anthony Hsieh hands CEO reins to Frank Martell
Former CoreLogic CEO Frank Martell will oversee daily operations, while Hsieh will take on 'holistic strategic role' as executive chairman
by Matt Carter Apr 26
Pennymac lays off 236 workers after upping tech, marketing investments
The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers
by Matt Carter Mar 29
LoanDepot names president and CEO of new operating unit, mello
Zeenat Sidi, a veteran of SoFi and RBC, will serve as president and CEO of the new unit, which will oversee loanDepot's customer contact center, the company announced Thursday
by Matt Carter Mar 10
Anthony Hsieh's $16M vote of confidence in LoanDepot
The LoanDepot founder and CEO has racked up $2.2 million in paper losses on the 3.15 million shares in the company he's bought since November
by Matt Carter Feb 17
News Quiz: Do you know the biggest stories for the week of Feb. 3?
Buyers’ agent commissions, Florida and LoanDepot all made headlines this week. Test your knowledge of the biggest stories to see if you're up to date on the industry
by Inman Feb 4
Shares in loanDepot touch all-time low as profits shrink
CEO Anthony Hsieh sees opportunity to grow market share as mortgage industry shifts to providing more loans to homebuyers
by Matt Carter Feb 1
LoanDepot courts mortgage brokers with new closing capabilities
As lenders pivot from refis to purchase loans, mortgage brokers are an important source of business
by Matt Carter Nov 16
Survey: Mortgage refi crush exposed dangers of digital-heavy approach
JD Power finds customer satisfaction is highest when lenders employ the right mix of technology and personal interactions
by Matt Carter Nov 11
UWM posts record mortgage volume, but Q3 profits sag
Net income down 77% from a year ago, when refinancing boom drove higher profit margins
by Matt Carter Nov 9
LoanDepot building purchase loan business as rising rates stunt refis
Joint ventures with homebuilders and referral relationships with real estate agents helping fuel partner channel
by Matt Carter Nov 2
Rocket Mortgage partners with Salesforce to extend tech to lenders
Nation's biggest mortgage lender sees 'significant' market opportunity to provide its technology via Salesforce Financial Services Cloud
by Matt Carter Oct 29
OJO exec Chris Heller joins robotic letter writing startup's board
Audience.co mounts a real pen on a robot to create notes that appear to be written by a human hand. The company says this increases their effectiveness for lead generation
by Jim Dalrymple II Oct 25
The 20 biggest luxury mountain sales of 2021 (so far)
While a $136.25M sale in Montana eclipsed all others, this year also saw a number of high-profile sales in Aspen and Vail