Industry News
Industry News
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A second class action has been filed in the state of California and more cases are brewing.
January 26 -
Workers are eligible for the one-time cash grants if they earned a salary of less than $75,000 last year, and their total cash compensation was less than $85,000. The payments come amid a unionization push at the San Francisco-based megabank.
January 26 -
Submit your production volume from last year to be considered among the top in your field.
January 26 -
The rate of errors per loan jumped by 30% compared to the third quarter, a FundingShield report said.
January 25 -
Having the opportunity to customize their own tech stacks was a key reason behind many top producers' success, according to a new Floify survey.
January 24 -
16.6 million former and current Loandepot customers had their data leaked, the lender and servicer announced Monday.
January 22 -
Mellohome's website, the MyLoandepot customer portal and the HELOC portal have been rebooted following the cyber attack, the lender and servicer said.
January 19 -
The interim measure would finance some U.S. agencies — set to run out of money after Friday — through March 1 and others through March 8.
January 19 -
Sekisui House Ltd. announced a $4.9 billion agreement on Thursday to buy MDC Holdings Inc., ikely the biggest U.S. purchase of a homebuilder by a Japanese company.
January 19 -
All of the class actions will be consolidated into a single case under plaintiff Jennifer Cabezas, who was the first of the 20 to bring a motion against the company.
January 18 -
After the Rhode Island-based company eliminated 650 positions, severance-related costs contributed to a 71% decline in quarterly net income.
January 17 -
The Seattle bank's stock price fell in 2023 amid concerns over rising interest rates and its concentration of multifamily loans. The buyer is FirstSun Capital Bancorp, which raised $175 million as part of the deal.
January 16 -
In a new filing with the Securities and Exchange Commission, the company attributed delayed transactions, loss of business to other providers and one-time expenses to reduced revenue but expected a limited effect on financial health.
January 16 -
Home buyers appear to place the highest priority on affordability, with cities in the Midwest and Northeast taking the majority of top spots on Zillow's list.
January 15 -
The National Association of Realtors is facing multiple crises, including a recent blackmail threat that led to the resignation of its now-former president.
January 12 -
Ultimately, firmwide headcount will decline by 60,000 jobs to 180,000 by the end of 2026, Chief Financial Officer Mark Mason said.
January 12 -
Most of the legal filings accuse the title insurer and its subsidiary, LoanCare, of failing to protect the personal identifiable information of customers.
January 10 -
Former employees in the case sued Sprout for wages lost when it abruptly shut down. Separately, a former executive contesting a court procedure-related fine.
January 10 -
Mike Weinbach, a former Wells Fargo and JPMorgan leader, will replace president Chris Marshall who's expected to retire at the end of this year.
January 9 -
Its broker channel will soon have access to a generative voice tool, allowing originators to update approval letters on the go.
January 9


















