LoanDepot to cut nearly 5,000 jobs this year

loanDepot, which has been taking the drop in originations on the chin, said it will shed nearly 5,000 jobs in 2022 to return to profitability.

Mortgage, Real Estate

HousingWire Annual is designed as the "Davos of Housing," to provide practical insight about this dynamic market from proven experts across the housing ecosystem.

Appraisals and Valuations, Mortgage, Politics and Money

John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner.

Cracking the Intelligent Automation Fintech Code

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Fintech, Mortgage

San Francisco-based Unison is extending its reach in the heartland by expanding its shared-equity loan program to homeowners in Nebraska.

Mortgage

Lenders continued to tighten credit standards in June as higher mortgage rates slowed refinance and purchase activity.

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Agent

Real estate agents completed an average of 12 deals last year compared to 10 a year earlier. And the median agent income before taxes was $54,300, a significant climb from $43,300 in 2020.

Think database monitoring is just for refis? Think again.

In 2021, many lenders used borrower intelligence to know when customers or prospects began considering a competitor for their refi — but refis were just the tip of the iceberg. In 2022, database monitoring can be your home-equity hero in disguise. I need a hero!

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Education

A longtime reverse mortgage professional aims to take a more proactive approach in bringing new professionals into the business.

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