LoanDepot

Also, FHFA promotes two key staff members, Cenlar welcomes servicing veteran, while Remax and CMG Financial's joint venture names its president.

The lending and servicing giant is also amping up cost-saving efforts with more layoffs after reporting a net loss of $223.8 million in the second quarter.

Forecasting that it will not turn a profit in the 2022 fiscal year, the company plans to make job cuts, suspend dividends and introduce new products.

From bass fishing to the Super Bowl, lenders see a large pool of consumers they can reach through athletic sponsorships.

The 11-year-old company, which went public earlier this year, sold new junk-rated bonds on Tuesday to refinance debt and to pay its shareholders a $200 million special dividend, according to a copy of the debt documents

The newly public digital mortgage giant is relying on a diverse set of loan channels to take on competitors in an increasingly crowded field, CEO Anthony Hsieh said in an earnings call this week.

While it is looking for a higher price per share, the company will be selling fewer shares on its own behalf.

But will the company's second attempt to go public come to fruition in a market where two lenders already put their offerings on hold?

The draft IPO filing for its Class A shares follows speculation that it would follow the lead of Rocket Cos. and other nonbank lenders in going public.

Mortgage lender loanDepot is taking steps toward rebooting plans for an initial public offering, about five years after scrapping one at the last minute, according to people with knowledge of the matter.