loanDepot On Pace to Double 2014 Production
Based on lending activity during the first three months of 2015 at loanDepot LLC, full-year mortgage production is on pace to nearly double 2014 volume.
The State of Mortgage Lending
Although the volume of home lending stands near its weakest level since the crisis, distressed loan ratios have significantly strengthened.
CoreLogic Looking at Expanding N Texas Staff
A new office facility in Dallas being considered by CoreLogic Inc. will house existing North Texas employees, jobs currently located in other states and newly created positions.
Mortgage Originations Soar at Provident Funding
New business was jump-started at Provident Funding Associates LP. The lender, however, trimmed staffing and cut the size of its servicing portfolio.
Mortgage Servicing, Staffing Up at Lake Michigan CU
Though quarter-over-quarter home loan activity fell short at Lake Michigan Credit Union, the decline was minimal. Plus, the credit union gained in servicing and staffing.
Mortgage Processor Arrested
A former mortgage processor has been arrested for allegedly stealing more than $200,000 from a home loan borrower's account.
Freedom Mortgage Seeks Opportunities as Biz Expands
Residential lending activity continues to accelerate at Freedom Mortgage Corp., prompting continued growth in staffing and pushing the company to seek other opportunities.
PRMI Sees Across-the-Board Business Growth
Residential lending, home loan servicing and mortgage staffing all made quarter-over-quarter gains at Primary Residential Mortgage Inc.
New American's Home Loans, Servicing Climb
Broker Solutions Inc., which does business as New American Funding, boosted its mortgage originations and servicing. But staffing was down.