HousingWireHousingWire loanDepot achieved profitability in the third quarter of 2024, ending an 11-quarter streak of financial losses. Cost reductions and revenue growth drove this turnaround amid lower interest rates, which boosted refinancing activity. As a result, loanDepot is retiring its Vision 2025 strategic plan, which began in July 2022 to…
Continue reading →HousingWireHousingWire The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. A new report from the National Association of Realtors…
Continue reading →HousingWireHousingWire In efforts to escape “sky-high real estate prices” and rising costs of living, California residents are favoring Arizona as a top relocation destination behind only Texas. That’s according to a report released Monday by StorageCafe, a national marketplace for storage space and an affiliate of real estate data provider…
Continue reading →HousingWireHousingWire In a recent episode of its “New Home Insights Podcast,” Dean Wehrli, principal at John Burns Research & Consulting, chats with David Howard, CEO of the National Rental Home Council (NRHC). They discuss how national, state and local housing policies impact the rental market, and they also explore housing…
Continue reading →HousingWireHousingWire Onity Group, the recently rebranded parent company of top-10 lender Liberty Reverse Mortgage, posted improved earnings results in the third quarter of the year — with particular attention given to the profitability of its forward and reverse mortgage servicing segments. Onity CEO Glen Messina led the Tuesday morning earnings…
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