Items Tagged with 'loanDepot'

ARTICLES

  • MBA Tech: What's next for the mortgage industry?

    Leaders of loanDepot, Quicken, PenFed and CBRE share their perspectives
    The companies represented by these executives are some of the most successful in our industry — or any industry. Their companies are diverse in size, scope and client base, but the executives have one thing in common — they see enormous opportunity in their employees and customers. Their vision is not limited to the current products or services that their current employees offer their current customers. In fact, these guys might disrupt more than just the mortgage industry.
    Read More
  • Monday Morning Cup of Coffee: Goldman Sachs buys startup Clarity Money to bolster Marcus

    Plus, more on the AIME/Blend partnership for brokers
    It's the start of a new week, but the news couldn't wait for Goldman Sachs, which announced on Sunday it purchased personal finance startup Clarity Money (and its 1 million users) to boost its consumer-lending business Marcus. Plus, more on the Blend and AIME partnership for brokers and a new mortgage servicing rule goes into effect this week.
    Read More
  • Chad Smith, loanDepot’s former head of direct lending, lands at Caliber Home Loans

    Will serve as EVP, head of recapture and direct to consumer
    When HousingWire reported Thursday that Chad Smith was out as president of direct lending at loanDepot, it was unknown why Smith left or where he was going next. We now have the answer. Smith was hired away by Caliber Home Loans, where he will serve as executive vice president, head of recapture and direct to consumer.
    Read More
  • Chad Smith out as head of direct lending at loanDepot

    Served in role for just nine months
    Despite playing a prominent role at the unveiling of the loanDepot’s new $100 million facility less than three weeks ago, Chad Smith is now out as loanDepot’s head of direct lending. The reason for Smith’s departure is unknown as are the company’s plans to replace him. When asked about Smith’s departure by HousingWire, the company simply confirmed that Smith is no longer with the company.
    Read More
  • From HW Magazine

    2018 HW Tech100 Winner: loanDepot

    mello puts consumers in the driver's seat
    loanDepot recently launched its proprietary technology platform, mello, to streamline the loan process to a blended digital/local relationship covering all aspects of consumer lending and homeownership. With mello, consumers can run any mortgage or non-mortgage loan from application through funding from any device on their own or with local loan consultants who can advise the process.
    Read More
  • loanDepot makes big move into mortgage securitization

    Lender issuing first mortgage-backed security
    loanDepot is no stranger to mortgage securitization, with its loans taking their place alongside other originators’ loans as pieces of many non-agency securitizations over the last few years. But now, loanDepot is making a big move into the secondary mortgage market and launching its first mortgage-backed security, which is backed only by loanDepot loans.
    Read More
  • loanDepot names Tammy Richards chief operations officer

    Richards named to newly created role
    loanDepot announced this week the addition of Tammy Richards to its executive team in the newly created role of chief operations officer for enterprise mortgage operations. Richards will oversee about 1,600 of the company’s team members and be responsible for the growth and refinement of loan production, as well as managing underwriting, processing, credit policy, funding/closing processes, and quality controls, the company explained.
    Read More
  • loanDepot unveils ambitions to expand beyond lending into entire real estate transaction

    Wants to connect approved homebuyers with real estate agents
    loanDepot is already one of the nation’s largest mortgage lenders, but now, the company wants to become a much larger part of the home buying process. On Tuesday, loanDepot unveiled an ambitious new plan that will see the lender expand beyond simply lending a borrower the money to buy a home into facilitating the entire real estate transaction.
    Read More