Mortgage Lender news and trends

Quicken Loans May Be Readying IPO
IPO // June 12, 2020

Mortgage lender Quicken Loans, one of the largest lenders in the United States, might be planning to go public, CNBC reported on Thursday (June 11). The company has filed its initial public offering (IPO) prospectus in secret, although it may become public next month, according...

Student Loan Defaults Hurt Homeownership
Loans // June 01, 2017

Student loan debt is still hurting a slew of Americans,  with the Federal Reserve Bank of New York saying Wednesday (May 31) that defaults are still hovering at a high rate and that a small percentage of student debt holders can’t purchase a home as...

Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses
Real Estate // May 03, 2017

Morty, the New York-based mortgage startup, has raised $3 million in venture funding, which it will use to make its new mortgage marketplace available to the masses. According to a report in TechCrunch, Morty aims to provide increased transparency and options for borrowers who are looking...

Quick Reads
LoanDepot Posts Loss, but Origination Volume Up 27% from Q1

August 08, 2023
Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss of $0.19 per share, which was 35.71% less than the Zacks Consensus Estimate of a loss of $0.14. Although the quarterly earnings were not great, loanDepot reported total revenue of […]

Quicken Loans May Be Readying IPO

June 12, 2020
Mortgage lender Quicken Loans, one of the largest lenders in the United States, might be planning to go public, CNBC reported on Thursday (June 11). The company has filed its...

Student Loan Defaults Hurt Homeownership

June 01, 2017
Student loan debt is still hurting a slew of Americans,  with the Federal Reserve Bank of New York saying Wednesday (May 31) that defaults are still hovering at a high...

Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses

May 03, 2017
Morty, the New York-based mortgage startup, has raised $3 million in venture funding, which it will use to make its new mortgage marketplace available to the masses. According to a...