An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

A NAR board member tells (almost) all

For this week’s Houses in Motion, a miniseries that is part of HousingWire Daily, we spoke with Lisa Dunn about the pressing issues in real estate, including disclosure of agent commission.

Investments

Sources: loanDepot withdraws Initial Public Offering

Cites "market conditions"

Sources tell HousingWire that loanDepot, the online mortgage lender scheduled to trade on the New York Stock Exchange beginning tomorrow, is withdrawing its Initial Public Offering, cited adverse "market conditions"

The company was scheduled to begin trading under the symbol LDI.

An article in Reuters appears to confirm:

"It could not be determined whether the Foothill Ranch, California-based company will pursue an IPO again in the near term.

The delay comes as unfavorable market conditions have caused several IPOs to discount or delay their offerings amid the volatility that has plagued the market since August."

loanDepot experienced boosted productions and was expanding in several directions when it announced the IPO.

loanDepot announced its plans to offer new home equity products, once again making waves in the industry after breaking the news that it was moving into personal loans earlier this year.  

"As the economy continues to improve and home prices have stabilized, there is a growing reservoir of equity to help borrowers capitalize on their options to manage their credit profiles," said Brian Biglin, chief risk officer with loanDepot.

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3d rendering of a row of luxury townhouses along a street

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