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.…

loanDepot closes $300M warehouse securitization 

California-based loanDepot on Monday announced it has closed a $300 million offering of notes backed by…

loanDepot sells MSRs, improves margins in Q2

California-based mortgage lender loanDepot reduced its financial loss in the second quarter of 2024 while still…

Reverse mortgage professionals react to H4P rule changes

After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase…