Nonbank consumer lending

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loanDepot to acquire Mortgage Master

Nov 13, 2014By

Nonbank consumer lender loanDepot announced it will acquire Mortgage Master. In October 2014, the two companies had a combined retail loan funding volume of $1.75 billion, with nearly $70 million in top-line revenue. Combined, the two companies deploy more than 1,200 licensed loan officers nationally, helping to fill the void left behind as big banks continue to reduce mortgage market share.

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

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