Under NYSE rules, loanDepot has six months to bring its share price and average share price back above $1, for which it is considering a reverse stock split.

The merger will conclude a 20-month saga that began in December 2024, when Two said United Wholesale Mortgage first approached it with an offer.

The fintech's chief executive, Michael Tannenbaum, explains why strategies it's been using primarily in the home equity market have broader implications.

The ex-CEO began a formal solicitation of shareholders after blaming his initial claims of majority support on information provided by in-house counsel.

After losing money on production in most quarters between 2022 and 2024, independent mortgage bankers have achieved five consecutive quarters in the black.

The lender said its founder aggressively solicited shareholders to gain their support, doing so by misrepresenting facts and violating federal securities laws.

Mat Ishbia delivered a pep talk during a weekly meeting with UWM's clients and sales team, attempting to quell any concerns about the resilience of the company.

A shareholder suit says executives are responsible for stock losses in failing to disclose behind-the-scenes moves related to the ill-fated Two Harbors deal.

The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.

The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.

The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.

In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.

Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.

Even with the positive news when it came to income, two of the big four underwriters had their earnings outlook slashed, while a third received an upgrade.

An acquisition this year could be one in a line of other future deals, potentially involving lenders or commercial real estate firms, Ellington executives said.

The lender posted another deep eight-figure loss in the second quarter, and will miss a breakeven goal later this year, interim CEO Daniel Lewis said.

Its success in a tough quarter was not just financial as it gained market share in both purchase and refinance volume to regain the No. 1 originator slot.

Record lending drove a top-line gain on the year but one-time costs from reverse mortgage servicing sales and negative fair value changes hurt the bottom line.

The lender disclosed a big investment, plus hefty, albeit declining, origination volume but revealed a major hedge-related net loss it blamed on the failed bid.

The online lender said its national bank will become the "primary originator," displacing the banks that are lenders of record. Loan buyers keep their role.