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The competitive and controversial leader, who will stay on the board, oversaw rapid growth but also a massive downsizing, and a notorious mass firing over Zoom.
August 3 -
The lawsuit accuses the lender of violating 17 sections of the California labor code, including failure to pay all minimum, regular and overtime wages.
July 31 -
Loandepot is arguing that its local rival, West Capital Lending, has no standing to sue it over the statute meant to protect consumers from predatory lending.
July 29 -
The brokerage boss settled litigation with ex-business partner Mat Grella which involved private aviation, luxury cars and a separate six-figure judgment.
July 22 -
Movement Mortgage added to its operations leadership and Click n' Close named a new chief information officer.
July 14 -
Retail lender Rate separately launched yet another non-mortgage brand, with outdoor saunas and other furnishings following a high-end performance wear line.
July 9 -
The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
July 7 -
The lender, which has fought the nonpayment accusations since 2020, will give over $3.8 million to over 200 past and current employees involved in the case.
July 6 -
Maxex named a new chief financial officer, Lennar elevated Jim Parker to chief operating officer and U.S. Mortgage Insurers appointed a new board chair.
June 17 -
A California appellate court reversed a lower court's dismissal of a lawsuit over CrossCountry's alleged 2021 raiding of a Seattle-area branch.
June 16 -
OneTrust Home Loans says its employees secretly used Floify to funnel loans to brokerage E Mortgage Capital, which were then funded by the wholesale giant.
June 12 -
Atlantic Bay Mortgage Group appoints new chief revenue officer and Mortgage Cadence, owned by PartnerOne, announced a new CEO and chief revenue officer.
June 5 -
AnnieMac and CrossCountry Mortgage say their former employees did not remain employed long enough for the so-called unvested wage advances to vest.
June 2 -
Current CEO Rick Thornberry is retiring as Radian shifts to a multi-line business, with former Mr. Cooper President Mike Weinbach taking over on Aug. 13.
May 26 -
Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.
May 21 -
Employees say they worked unpaid overtime by frequently logging into numerous software before clocking in, to answer calls immediately upon their shift starting.
May 12 -
Rocket Cos. gave generous stock awards to its leaders for a busy year, while Better Home & Finance awarded raises to leaders after a difficult stretch.
May 7 -
Dino Lack will lead Union Home's efforts to improve the lending experience through advanced workflow automation and artificial intelligence integration.
May 6 -
Here are the 50 women who did the most dollar volume for the previous 12 months in this year's Top Producers survey.
May 6 -
Here are the 50 most prolific mortgage originators in the U.S. as measured by units produced, according to the 2026 National Mortgage News Top Producers survey.
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