loanDepot reported a smaller net loss for 2025 as revenue and margins improved, but results weakened in the fourth quarter as margins declined. The Irvine, California-based mortgage lender’s earnings showed signs of recovery as the company aims to improve volume and market share. loanDepot posted a net loss of $108 million for the full year, down 47% from a $202 million loss in 2024, primarily...
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After spiking last week, mortgage rates remained relatively stable this week. But the question for housing market professionals is whether the brisk spring homebuying season that was anticipated at the start of 2026 will actually materialize due to rising headwinds. Mortgage News Daily reported Monday that 30-year fixed rates averaged 6.14%, their highest level in a month. MND said mortgage rates were...
United Holding Corp., the parent of United Wholesale Mortgage (UWM), raised the bar on 2026 revenue expectations, issuing guidance just days ahead of a shareholder vote from Two Harbors Investment Corp. on UWM’s proposed $1.3 billion all-stock acquisition. “Even without the Two Harbors transaction, we now expect our total revenue for the first quarter of 2026 to be between $800 million and $900...
Tech Demand Fuels New York's Office Recovery Manhattan's office leasing market closed 2025 on a high note, registering its strongest quarterly activity since the end of 2019, as tech-driven demand, shrinking availability, and rising rents signal a sustained recovery heading into 2026. According to Lee & Associates NYC's fourth-quarter report, Manhattan tenants signed 11.6 million square feet of leases...
West Capital Lending (WCL) has sued loanDepot, accusing the California-based mortgage lender of engaging in a long-running compensation scheme that violates the Truth in Lending Act (TILA). The lawsuit, filed Friday in the U.S. District Court for the Central District of California, marks the latest escalation in a bitter legal feud between the two companies. In October, loanDepot sued WCL for...
The National Association of Realtors (NAR) reaffirmed that multiple listing services (MLSs) retain discretion to set their own rules and policies regarding listing statuses — following news of Compass marketing its Coming Soon and private listings on Redfin. Compass and Redfin parent company Rocket announced the partnership Feb. 26. In an email sent to Compass agents by CEO Robert Reffkin and...
As America’s population continues to grow older, family members are increasingly stepping into demanding roles as caregivers — which often comes at considerable personal cost. A Pew Research Center survey of 8,750 U.S. adults found that one in 10 reports serving as a caregiver for a parent 65 or older. Another 3 % care for a spouse or partner in the same age group, while less than 1% report caring...
As we enter another week of the Iran conflict, the question now is what will this do to the economy, but for this article, we want to focus specifically on what this conflict means for the U.S. housing market. There are currently two sides to this discussion. One camp believes the economy is still expanding and the 10-year yield should rise as inflation rises, while a second group believes the U.S....
Rezervology and Titl have announced the launch of RezeLink, an artificial intelligence (AI) solution designed to streamline and accelerate title search workflows. The platform will debut first for users of SoftPro — with additional title production system (TPS) integrations planned for future releases. RezeLink introduces automation capabilities designed to simplify multiple steps in the title...
Just a few years ago, investing in short term rental properties was touted as an easy, passive income strategy. College students were renting out spare bedrooms and raking in...
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