Woodward Asset Capital LLC, Southfield, Mich. has launched OfferSubmission.com, a web-based software program geared toward firms that want to sell assets, including mortgages. Woodward is marketing the program to banks, servicers, GSEs, private equity firms and hedge funds.
The deal with regulators for Redfin to restart its internet listing service is just one more way to help consumers on their home journey, Rocket said.
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 company once known as Voxtur Analytics reset its path to focus on valuations since its own acquisition by Hale Capital Management, CEO Ryan Marshall said.
This was the second acquisition Luminate's mortgage arm has made since the start of 2025. The bank bought NJ Lenders Corp. in April of last year.
The Mortgage Bankers Association lowered its refi expectations by 5% this month, as rising mortgage rates are dampening borrowers' positions.
